Long-term mortgage rates fall, break 9-week rise · PERT Florida Real Estate School

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 · After peaking at 5.09% in November 2018, the average APR for a 30-year fixed-rate mortgage fell to 4.09% by June 2019, a decline of a full percentage point, according to.

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 · The first half of 2019 surprised housing markets across the country: Mortgage rates fell. That’s the opposite of what the experts had predicted at the beginning of the year, and it’s welcome.

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In real estate, it’s been a seller’s market since august 2012.. fannie mae, Freddie Mac and the National Association of Realtors all predicted that mortgage rates would rise through 2019. Instead, mortgage rates have tumbled.. which could ease upward pressure on long-term mortgage rates. 4. Affordability continues to be a concern.

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