Mortgage Rates Dive Deeper

While signals from the financial markets are flashing caution signs, the real economy remains on solid ground.  The 30-year fixed-rate mortgage averaged 4.07 percent with an average 0.50 point fee for the week ending May 16, 2019, down from last week when it averaged 4.10 percent.  A year ago at this time, the 30-year fixed-rate mortgage averaged 4.61 percent.