Showing posts with label June Interest Rates. Show all posts
Showing posts with label June Interest Rates. Show all posts

Thursday, June 7, 2018

Mortgage rates fall for second consecutive week

Following last week's decline, mortgage rates fell for the second consecutive week.

The 30-year fixed-rate mortgage averaged 4.54% for the week ending June 7, 2018, down from 4.56% last week, but up from 3.89% last year.

The 15-year FRM decreased to an average 4.01% this week, down from 4.06% last week and up from 3.16% in 2017.

The five-year Treasury-indexed hybrid adjustable-rate mortgage decreased to an average 3.74% this week, down from 3.80% last week. This time last year it was 3.11%.



 Source: Housing Wire