Average US Mortgage Rates Decline; 30-Year at 4.59 Percent

In this July 9, 2018, file photo, a for sale sign stands outside a pre-existing home, in Walpole, Mass. Long-term U.S. mortgage rates rose for the second straight week, continuing to dampen prospects for potential homebuyers. Photo: AP/Steven Senne, File
In this July 9, 2018, file photo, a for sale sign stands outside a pre-existing home, in Walpole, Mass. Long-term U.S. mortgage rates rose for the second straight week, continuing to dampen prospects for potential homebuyers.

August 09, 2018 03:32 PM

Long-term U.S. mortgage rates are down this week amid a restrained home buying season this summer.

Mortgage buyer Freddie Mac says the average rate on 30-year, fixed-rate mortgages slipped to 4.59 percent from 4.60 percent last week.

Advertisement

Credits

The Associated Press

Copyright 2018 - KSTP-TV, LLC A Hubbard Broadcasting Company

Advertisement

New Record for 'Outside Spending' on Minnesota House Races

Mexico Beach Residents Return Home Again, Some to No Home

44-Year-Old Woman Killed in Minnetonka Crash Involving Motorcycle

Twin Cities Teen Creates Web Page for Dealing with Devastating AFM Diagnosis

State Officials Grill DHS on Latest Data Breach

Sheriff: Deaths of Missing Wisconsin Teen's Parents Ruled Homicides

Advertisement