Mortgage Rates Ease First Week In April 2018

Dated: 04/09/2018

Views: 100

Mortgage Rates Ease This Week For Week Ending April 6th and We can Help Save You More

National Mortgage Rates April 2018

Mortgage Rates Last Week

      

Freddie Mac reported the following national averages for the week ending April 5:

  • 30-year fixed-rate mortgages: averaged 4.40 percent, with an average 0.5 point, dropping from last week’s 4.44 percent average. Last year at this time, 30-year rates averaged 4.10 percent. 

  • 15-year fixed-rate mortgages: averaged 3.87 percent, with an average 0.4 point, dropping from last week’s 3.90 percent average. A year ago, 15-year rates averaged 3.36 percent.

  • 5-year hybrid adjustable-rate mortgages: averaged 3.62 percent, with an average 0.4 point, falling from last week’s 3.66 percent average. A year ago, 5-year ARMs averaged 3.19 percent. 

Source: Freddie Mac


Despite Mortgage Rate Fluctuations - You can Save Money

Although mortgage rates have been rising, there was a slight decrease last week. Rates will fluctuate based on the overall conditions created by Federal Reserve Bank policy and the bond market. Despite slight increases, you may want to check one of my preferred lenders to show you some mortgage products which can help you achieve cost savings in your residential mortgage. Please consult loan officer Jason Evans with Loan Depot for a more accurate rate and better options for your mortgage. You can reach Jason Evans @ (315) 569-7338. 

Michael Mahoney
Realtor
eXp Realty
617-615-9435

www.RealtorMikeMahoney.com


Would you like to know what your home is worth? Check out www.HomeValueBoston.com or see all homes for sale in Greater Boston at www.HomesinBostonMass.com

Latest Blog Posts

Top 7 Reason Agents Join EXP Realty In Boston

Top 7 reason Agents Join eXp Realty in BostonThere are so many reasons agents are leaving other firms and joining eXp Realty in Boston.  I joined in January 2018. At the time I started

Read More

Riding The Buying Rollercoaster

    You’ve found a great house and you’re ready to make an offer. You have everything you need, it’s under your pre-approval amount, and everyone is on board and ready to.

Read More

Norfolk Town Center Condominiums

Norfolk Town Center CondominiumsThe Townhouses at Norfolk Center in Norfolk MA offer 2-3 bedroom town homes within walking distance to the Norfolk train station, post office, shopping and.

Read More

Join Exp Realty In Boston

Join eXp Realty in Boston TodayJoining in eXp Realty in Boston would starts with a conversation with one of our local agents. Local real estate agents wishing to join eXp Realty must be sponsored

Read More