Tracking the Drop of the 30-Year Note Rate

July 18, 2019 Mike Albanese

Ellie Mae’s June Origination Insight Report revealed that the 30-year note rate dropped for the sixth-consecutive month to 4.40%, which is down from 4.52% in May.  The 30-year note rate for FHA loans fell from 4.63% the month prior to 4.49% in June. Rates for conventional loans declined to 4.41% from May’s 4.52% and VA ...

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