{"id":2807,"date":"2017-03-31T00:00:00","date_gmt":"2017-03-31T00:00:00","guid":{"rendered":"https:\/\/amazingproperty.com.ng\/blog\/mortgage-rates-got-cheaper-this-week\/"},"modified":"2017-03-31T00:00:00","modified_gmt":"2017-03-31T00:00:00","slug":"mortgage-rates-got-cheaper-this-week","status":"publish","type":"post","link":"https:\/\/amazingproperty.com.ng\/blog\/mortgage-rates-got-cheaper-this-week\/","title":{"rendered":"Mortgage Rates Got Cheaper This Week"},"content":{"rendered":"<p>\n<\/p>\n<div readability=\"37.090773809524\">\n<!--\n\n<pre>-->  <\/p>\n<div property=\"dc:description\" readability=\"19.781746031746\"><!--paging_filter--><\/p>\n<p>For the second consecutive week, average <a href=\"https:\/\/amazingproperty.com.ng\/blog\/mortgage-preapproval-guide-for-home-buyers\/\">mortgage<\/a> rates fell, lowering the borrowing costs of buyers.<\/p>\n<p>&#8220;The 10-year Treasury yield remained relatively flat this week,\u201d says Sean Becketti, Freddie Mac\u2019s chief economist. \u201cThe 30-year mortgage rate fell 9 basis points to 4.14 percent, another significant week-over-week decline.\u201d<\/p>\n<p>Freddie Mac reports the following national averages with mortgage rates for the week ending March 30:<\/p>\n<ul>\n<li><strong>30-year fixed-rate mortgages <\/strong>averaged 4.14 percent, with an average 0.5 point, falling from last week\u2019s 4.23 percent average. Last year at this time, 30-year rates averaged 3.71 percent.<\/li>\n<li><strong>15-year fixed-rate mortgages <\/strong>averaged 3.39 percent, with an average 0.4 point, falling from last week\u2019s 3.44 percent average. A year ago, 15-year rates averaged 2.98 percent.<\/li>\n<li><strong>5-year hybrid adjustable-rate mortgages <\/strong>averaged 3.18 percent, with an average 0.4 point, falling from last week\u2019s 3.24 percent average. A year ago, 5-year ARMs averaged 2.90 percent.<\/li>\n<\/ul>\n<p><em>Source: Freddie Mac<\/em><\/p>\n<\/div>\n<\/div>\n<p>[ad_2]<br \/>\n<br \/><a href=\"http:\/\/feedproxy.google.com\/~r\/DailyRealEstateNews\/~3\/siz82phgAYw\/mortgage-rates-got-cheaper-week\"> link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>For the second consecutive week, average mortgage rates fell, lowering the borrowing costs of buyers. &#8220;The &hellip; <a title=\"Mortgage Rates Got Cheaper This Week\" class=\"hm-read-more\" href=\"https:\/\/amazingproperty.com.ng\/blog\/mortgage-rates-got-cheaper-this-week\/\"><span class=\"screen-reader-text\">Mortgage Rates Got Cheaper This Week<\/span>Read more<\/a><\/p>\n","protected":false},"author":1,"featured_media":2808,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"advanced_seo_description":"","jetpack_seo_html_title":"","jetpack_seo_noindex":false,"jetpack_seo_schema_type":"","_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[4],"tags":[1403,408,1295,312,41,818],"class_list":["post-2807","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-opportunities-in-new-markets","tag-buy","tag-mortgage","tag-mortgage-rate","tag-mortgages","tag-property","tag-real"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/03\/siz82phgAYw","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":3139,"url":"https:\/\/amazingproperty.com.ng\/blog\/mortgage-rates-surprise-by-nearing-2017-low\/","url_meta":{"origin":2807,"position":0},"title":"Mortgage Rates Surprise By Nearing 2017 Low","author":"Amazing Property","date":"April 7, 2017","format":false,"excerpt":"The 30-year fixed-rate mortgage dropped lower for the third consecutive week and neared its low for 2017, Freddie Mac reports in its weekly mortgage market survey. \"The 10-year Treasury yield was relatively unchanged this week, while the 30-year mortgage rate fell 4 basis points to 4.1 percent,\u201d says Sean Becketti,\u2026","rel":"","context":"In &quot;Opportunities In New Markets&quot;","block_context":{"text":"Opportunities In New Markets","link":"https:\/\/amazingproperty.com.ng\/blog\/category\/opportunities-in-new-markets\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":4770,"url":"https:\/\/amazingproperty.com.ng\/blog\/mortgage-rates-hit-lowest-averages-of-the-year\/","url_meta":{"origin":2807,"position":1},"title":"Mortgage Rates Hit Lowest Averages of the Year","author":"Amazing Property","date":"May 26, 2017","format":false,"excerpt":"[ad_1] Mortgage rates dipped to their lowest averages of the year this week, Freddie Mac repots. \u201cAs we predicted, the 30-year mortgage rate fell 7 basis points this week in a delayed reaction to last week\u2019s sharp drop in Treasury yields,\u201d says Sean Becketti, Freddie Mac\u2019s chief economist. \u201cThe survey\u2026","rel":"","context":"In &quot;Opportunities In New Markets&quot;","block_context":{"text":"Opportunities In New Markets","link":"https:\/\/amazingproperty.com.ng\/blog\/category\/opportunities-in-new-markets\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/05\/rates052517.png?fit=600%2C244&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/05\/rates052517.png?fit=600%2C244&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/05\/rates052517.png?fit=600%2C244&ssl=1&resize=525%2C300 1.5x"},"classes":[]},{"id":3409,"url":"https:\/\/amazingproperty.com.ng\/blog\/mortgage-rates-set-a-new-2017-low-this-week\/","url_meta":{"origin":2807,"position":2},"title":"Mortgage Rates Set a New 2017 Low This Week","author":"Amazing Property","date":"April 14, 2017","format":false,"excerpt":"The 30-year fixed-rate mortgage continues to drop this week, setting a new low for 2017, Freddie Mac reports in its weekly mortgage market survey. This marks the fourth consecutive week that 30-year rates have fallen. \"Following a weak March jobs report, the 10-year Treasury yield dropped about 5 basis points,\u201d\u2026","rel":"","context":"In &quot;Opportunities In New Markets&quot;","block_context":{"text":"Opportunities In New Markets","link":"https:\/\/amazingproperty.com.ng\/blog\/category\/opportunities-in-new-markets\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":3708,"url":"https:\/\/amazingproperty.com.ng\/blog\/mortgage-rates-drop-below-4\/","url_meta":{"origin":2807,"position":3},"title":"Mortgage Rates Drop Below 4%","author":"Amazing Property","date":"April 21, 2017","format":false,"excerpt":"The 30-year fixed-rate mortgage has fallen to its lowest average since November 2016, Freddie Mac reports in its weekly mortgage market survey. \u201cThe 30-year mortgage rate fell 11 basis points this week to 3.97 percent, dropping below the psychologically-important 4 percent level for the first time since November,\u201d says Sean\u2026","rel":"","context":"In &quot;Opportunities In New Markets&quot;","block_context":{"text":"Opportunities In New Markets","link":"https:\/\/amazingproperty.com.ng\/blog\/category\/opportunities-in-new-markets\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":6145,"url":"https:\/\/amazingproperty.com.ng\/blog\/mortgage-rates-strike-new-2017-low\/","url_meta":{"origin":2807,"position":4},"title":"Mortgage Rates Strike New 2017 Low","author":"Amazing Property","date":"September 8, 2017","format":false,"excerpt":"For the third consecutive week, the 30-year fixed-rate mortgage averaged a new year-to-date low. \u201cThe 10-year Treasury yield fell 9 basis points this week,\u201d says Sean Becketti, Freddie Mac\u2019s chief economist. \u201cThe 30-year mortgage rate followed, dropping 4 basis points to a year-to-date low of 3.78 percent.\u201d Freddie Mac reports\u2026","rel":"","context":"In &quot;Opportunities In New Markets&quot;","block_context":{"text":"Opportunities In New Markets","link":"https:\/\/amazingproperty.com.ng\/blog\/category\/opportunities-in-new-markets\/"},"img":{"alt_text":"rates_090717.png","src":"https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/09\/rates_090717.png?fit=620%2C252&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/09\/rates_090717.png?fit=620%2C252&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/09\/rates_090717.png?fit=620%2C252&ssl=1&resize=525%2C300 1.5x"},"classes":[]},{"id":827,"url":"https:\/\/amazingproperty.com.ng\/blog\/mortgage-rates-is-it-a-year-full-of-surprises\/","url_meta":{"origin":2807,"position":5},"title":"Mortgage Rates: Is It a &#039;Year Full of Surprises&#039;?","author":"Amazing Property","date":"February 17, 2017","format":false,"excerpt":"[ad_1] Mortgage rates fell slightly for the second consecutive week, taking a path that many economists haven't expected. \"For the last 46 years, the 30-year mortgage rate has been almost perfectly correlated with the yield on the 10-year Treasury, but not this year,\" says Sean Becketti, Freddie Mac's chief economist.\u2026","rel":"","context":"In &quot;Opportunities In New Markets&quot;","block_context":{"text":"Opportunities In New Markets","link":"https:\/\/amazingproperty.com.ng\/blog\/category\/opportunities-in-new-markets\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/02\/rates021617.png?fit=600%2C244&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/02\/rates021617.png?fit=600%2C244&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/02\/rates021617.png?fit=600%2C244&ssl=1&resize=525%2C300 1.5x"},"classes":[]}],"_links":{"self":[{"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/posts\/2807","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/comments?post=2807"}],"version-history":[{"count":0,"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/posts\/2807\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/media\/2808"}],"wp:attachment":[{"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/media?parent=2807"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/categories?post=2807"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/tags?post=2807"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}