Weekly Mortgage Rate Pulse from LendingTree Reports Rates Remain at Record Low

LendingTree Reports Mortgage Rates Remain Low

LendingTree Network Offered Mortgage Rates as Low as 4.125 Percent…

Mortgage rates remained flat this week, according to the LendingTree Weekly Mortgage Rate Pulse, a snapshot of the lowest and average mortgage rates available within the LendingTree network of lenders.

On August 10, lenders on the LendingTree network offered mortgage rates as low as 4.125 percent (4.26% APR) for a 30-year fixed mortgage, 3.625 percent (3.86% APR) for a 15-year fixed mortgage and 3.00 percent (3.45% APR) for a 5/1 adjustable rate mortgage (ARM). Rates for all product types remained flat week-over-week.

Average rates offered by lenders on the LendingTree network were 4.50 percent (4.69% APR) for 30-year fixed mortgages, 4.07 percent (4.39% APR) for 15-year fixed mortgages and 3.45 percent (3.70% APR) for 5/1 ARMs. Rates for 30-year fixed mortgages and 5/1 ARMs dropped week-over-week while rates for 15-year fixed mortgages increased two basis points.

Full article: Weekly Mortgage Rate Pulse from LendingTree Reports Rates Remain at Record Low

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