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U.S. Mortgage Rates drop Slightly Amid Uncertainty

This two-month mortgage rate forecast and mortgage market forecast is part of the HSH.com MarketTrends newsletter, published every week by HSH Associates. HSH.com is a leading consumer site for mortgage information.

Mortgage rates fell only slightly last week, accoding to a weekly survey release Thursday morning by Freddie Mac [stock FRE][/stock]. The average rate fo a 30-year fixed-rate mortgage fell 4 basis.

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Average long-term U.S. mortgage rates rose this week after a sharp drop the previous week, as global markets continued to whipsaw amid economic disruption in China and uncertainty over Federal.

The numbers: The nation’s trade deficit fell slightly in June owing to sizable drop in exports tied to a slowing global economy, reflecting a more challenging environment for the United States.

The Canadian dollar weakened slightly against its U.S. counterpart on Wednesday as a sharp drop in oil prices offset broader losses for the greenback amid U.S. election uncertainty. The U.S. dollar.

But a weak dollar can also create winners. * U.S. to the Mortgage Bankers Association. The recent drop in rates, says MBA chief economist mike fratantoni, could benefit a home buyer "wanting to.

Mortgage rates today are driven by movements in financial markets worldwide. When the economy heats up, bond price drop, and rates increase. When the economy pulls back, interest rates tend to fall.

Mortgage Rates Remain Flat Amid Uncertainty in Data , Headlines , News February 2, 2017 623 views mortgage rates barely budged this past week, according to Bankrate.com’s weekly national survey.

It’s likely that mortgage rates will continue to slide further in the coming weeks, according to Danielle Hale, chief economist for realtor.com, as Mexico and the U.S. face a June 10 deadline to.

Mortgage rates were mixed this week after steep declines a week ago. The benchmark 30-year fixed-rate mortgage stayed flat at 3.81 percent, according to Bankrate’s weekly survey of large lenders.