The biggest one-week rate drop in a decade unleashed a run on refinances, to benefit, as we saw another sizable increase in the average refinance loan. Lower rates may be helping more buyers get into their first home.
Mortgage rates drop to 16-month low mortgage rates today, April 17, 2019, plus lock recommendations Lowest Mortgage Rates in April .. Mortgage rates dropped today.. Ongoing Lock/Float Considerations . Early 2019 saw a rapid reevaluation of big-picture trends in rates and in markets in general;Mortgage Rates Drop To 16-Month Low October 23, 2014 As we expected , the average rate for a conforming 30-year fixed-rate mortgage dropped to its lowest point in over a year, down from 3.97 percent to 3.92 percent over the past week and versus 4.13 percent at the same time last year.