WASHINGTON — U.S. long-term mortgage rates fell sharply this week, with the benchmark 30-year loan touching its lowest level.

View today’s mortgage rates for fixed and adjustable-rate loans. Get a custom rate based on your purchase price, down payment amount and ZIP code and explore your home loan options at Bank of America.

The average rate on a 30-year fixed-rate mortgage dropped one basis point, the rate for the 15-year fell one basis point and the rate for the 5/1 ARM slipped one basis point, too, according to a NerdWallet survey of daily mortgage rates published Tuesday by national lenders. A basis point is one one-hundredth of one percent.

On Friday, Aug. 2, 2019, the average rate on a 30-year fixed-rate mortgage fell four basis points to 4.02%, the rate on the 15-year fixed was unchanged at 3.59% and the rate on the 5/1 ARM fell.

Mortgage rates dipped slightly to a nearly three-year low because of concern about a potential global economic slowdown and.

Multiple closely watched mortgage rates dropped today. The average rates on 30-year. Just make sure you’ve looked around.

According to BankingMyWay’s weekly mortgage loan rate tracker, 30-year fixed mortgage rates are below 3.80%, with 15 year-fixed loan rates down to 3.2% this week. Not surprisingly, that’s a big "net.

The 30 Year Mortgage Rate is the fixed interest rate that US home-buyers would pay if they were to take out a loan lasting 30 years. There are many different kinds of mortgages that homeowners can decide on which will have varying interest rates and monthly payments.

With growth picking up the consensus view is interest rates will continue to head higher for the next couple years into 2020, or until a recession happens. The following table highlights 2018 rate predictions from influential organizations in the real estate & mortgage markets. 2018 30-year Fixed Mortgage Rate Predictions

The average 30-year fixed mortgage rate is 3.97%, up 4 basis points from 3.93% a week ago. 15-year fixed mortgage rates increased 2 basis points to 3.31% from 3.29% a week ago.

20 Fixed Mortgage Rates 30-year fixed-rate mortgage averages 4.11% – Fifteen-year fixed-rate mortgage rates inched up to 3.38% for the week ending Oct. 20, up slightly from 3.37% last week. The mortgage averaged 3.64% a year ago. Five-year Treasury-indexed hybrid.

View and compare urrent (updated today) 30 year fixed mortgage interest rates, home loan rates and other bank interest rates. Fixed and ARM, FHA, and VA rates.

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