U.S. mortgage rates fall back below 5%

The 30-year fixed mortgage rate averaged 4.99% for the week ending Aug. 4 — down from 5.30% last week.

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U.S. mortgage rates fall back below 5%

bizjournals bizjournals | 1 year ago

Mortgage rates factor into home sales and the refinance market and the new higher rates have begun impacting housing-related activity.

U.S. mortgage rates fall back below 5%

bizjournals bizjournals | 1 year ago

A year ago, mortgage rates averaged 2.77%.

U.S. mortgage rates fall back below 5%

bizjournals bizjournals | 1 year ago

The 30-year fixed mortgage rate averaged 4.99% for the week ending Aug. 4 — down from 5.30% last week.

Mortgage rates fall back below 5%

In-depth analysis, data and st... In-depth analysis, d... | 1 year ago

Average mortgage rates dropped under 5% for the first time since mid April over the past week, Freddie Mac reported, as markets and lenders adjust to a "new normal."The 30-year fixed-rate average fell 31 basis points to 4.99% for the weekly period ending August 4, according to Freddie Mac's Primary Mortgage Market Survey, continuing the trend of steep rises and falls that has seen it fluctuate between 3.22% and 5.81% this year. One week earlier, the 30-year average came in at 5.3%, having decre...