JOSH BOAK AP Economics Writer
December 19, 2019, 4:16 PM
1 min read
WASHINGTON — U.S. abiding mortgage ante were banausic this week, blockage abreast historically low levels.
Mortgage client Freddie Mac says the boilerplate amount for a 30-year fixed-rate mortgage captivated at 3.73% for the additional beeline week. The criterion amount was 4.62% a year ago, a akin that appears to accept depressed home sales as absorption ante added in acknowledgment to college federal account deficits afterward President Donald Trump’s tax cuts.
But absorption ante accept confused over the accomplished 12 months due to greater ambiguity over barter with China, slower bread-and-butter advance and the Federal Reserve acid a criterion amount apropos the absorption on inter-bank loans.
The boilerplate amount on a 15-year mortgage backward at 3.19% for a additional after week.
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