US long-term mortgage rates fall; 30-year average at 3.82% Mortgage buyer Freddie Mac said Thursday the average rate on the 30-year, fixed-rate mortgage dipped to 3.82% from 3.99% last week. By contrast, a year ago the benchmark rate stood at 4.54%.
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Mortgage Applications, Refinances Surge After Interest Rate Drop | USNewsRank.com · While many of those mortgage applications were for refinances, up 39 percent from the previous week, there was also renewed interest in home buying.” Mortgage rates drop.Refinancing Your Mortgage Pros and Cons | SuperMoney! Sheffield Financial and BRP recently agreed to a multiyear financing services agreement, which will provide lending services to BRP customers across all 50 U.S. states. Learn more about Sheffield Financial and BRP Announce a New Multiyear Retail-Financing Contract. See all news.
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Mortgage applications soar as refinances surge on a big rate drop Mortgage applications soar as refinances surge on a big rate. – Refinances, which are most rate-sensitive, led the surge, jumping a remarkable 47% week to week and 97% annually. That pushed the refinance share of total mortgage application volume to 49.8% from 42.2%.