Mortgage Rates Drop Again – NMP Skip to main content

Mortgage Rates Drop Again

Jul 27, 2017
The Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending April 3, 2020 has found that mortgage applications decreased 17.9 percent from one week earlier

Mortgage rates took a tumble for the second week in a row, according to Freddie Mac’s Primary Mortgage Market Survey (PMMS) for the week ending July 27.
 
The 30-year fixed-rate mortgage (FRM) averaged 3.92 percent, down from last week when it averaged 3.96 percent. The 15-year FRM this week averaged 3.20 percent, down from last week when it averaged 3.23 percent. And the five-year Treasury-indexed hybrid adjustable-rate mortgage (ARM) averaged 3.18 percent, down from last week when it averaged 3.21 percent.
 
Sean Becketti, chief economist at Freddie Mac, predicted, “Mortgage rates in next week's survey would depend on how the market reacts to the Fed's balance sheet unwinding announcement.”
Mortgage Rates Drop Again

 
About the author
Published
Jul 27, 2017
July CPI Eases Mortgage-Rate Risk, But Doesn’t Promise Relief

Consumer inflation rose just 0.1% in July, reducing pressure for a September Fed rate hike as mortgage rates remain near their highest levels of the year

Aug 13, 2026
The Fed Held. The Mortgage Market Got A Warning.

Three policymakers favored an immediate hike, while Warsh welcomed higher bond yields and offered no clear path toward mortgage-rate relief

Jul 30, 2026
New Study Finds UWM's 'All-In' Triggered Industrywide Pricing Spillovers

Research shows wholesale competitors responded to the 2021 Rocket ban by lowering mortgage rates,

Jul 15, 2026
First Major Housing Reform In Decades Becomes Law Without Trump's Signature

Bipartisan ROAD to Housing Act advances supply, construction, and mortgage reforms despite White House protest

Jul 10, 2026
Mortgage Star Conference Honors Women Shaping The Future Of Mortgage Leadership

MWLC honors leaders driving innovation, mentorship, and growth across the mortgage industry

Jul 09, 2026
June Jobs Report Improves Mortgage Rate Outlook

Slower hiring strengthens bonds and eases concerns over additional Fed tightening

Jul 02, 2026