{"id":6904,"date":"2020-03-03T14:14:27","date_gmt":"2020-03-03T19:14:27","guid":{"rendered":"https:\/\/sellingdelawarehomes.com\/delaware-real-estate\/?p=6904"},"modified":"2020-03-31T21:48:25","modified_gmt":"2020-04-01T01:48:25","slug":"february-2020-mortgage-rate-update","status":"publish","type":"post","link":"https:\/\/sellingdelawarehomes.com\/delaware-real-estate\/february-2020-mortgage-rate-update\/","title":{"rendered":"February 2020 Mortgage Rate Update"},"content":{"rendered":"<p><a href=\"https:\/\/sellingdelawarehomes.com\/delaware-real-estate\/wp-content\/uploads\/2020\/03\/February-2020-Mortgage-Rate-Update-Resized-Large.jpg\"><img decoding=\"async\" class=\"aligncenter size-full wp-image-6905\" src=\"https:\/\/sellingdelawarehomes.com\/delaware-real-estate\/wp-content\/uploads\/2020\/03\/February-2020-Mortgage-Rate-Update-Resized-Large.jpg\" alt=\"\" width=\"1911\" height=\"2092\" srcset=\"https:\/\/sellingdelawarehomes.com\/delaware-real-estate\/wp-content\/uploads\/2020\/03\/February-2020-Mortgage-Rate-Update-Resized-Large.jpg 1911w, https:\/\/sellingdelawarehomes.com\/delaware-real-estate\/wp-content\/uploads\/2020\/03\/February-2020-Mortgage-Rate-Update-Resized-Large-274x300.jpg 274w, https:\/\/sellingdelawarehomes.com\/delaware-real-estate\/wp-content\/uploads\/2020\/03\/February-2020-Mortgage-Rate-Update-Resized-Large-768x841.jpg 768w, https:\/\/sellingdelawarehomes.com\/delaware-real-estate\/wp-content\/uploads\/2020\/03\/February-2020-Mortgage-Rate-Update-Resized-Large-935x1024.jpg 935w\" sizes=\"(max-width: 1911px) 100vw, 1911px\" \/><\/a><\/p>\n<p><strong>February Mortgage Rate Update<\/strong><\/p>\n<p>Freddie Mac&#8217;s results of its\u00a0<a href=\"http:\/\/www.freddiemac.com\/pmms\/index.html?intcmp=CWS-HP\">Primary Mortgage Market Survey<\/a>\u00ae shows that &#8220;This week&#8217;s mortgage rates were the second lowest in three years, supporting homebuyer demand and leading to higher refinancing activity. Borrowers who take advantage of these low rates can improve their cash flow by lowering their monthly mortgage payments, giving them more money to spend or save.&#8221;<\/p>\n<ul>\n<li>30-year fixed-rate mortgage (FRM) averaged 3.51 percent with an average 0.7 points for the week ending January 30, 2020, down from last month when it averaged 3.74 percent. A year ago, at this time, the 30-year FRM averaged 4.35 percent.<\/li>\n<li>15-year FRM this week averaged 3.00 percent with an average 0.7 points, down from last month when it also averaged 3.19 percent. A year ago, at this time, the 15-year FRM averaged 3.77 percent.<\/li>\n<li>5-year Treasury-indexed hybrid adjustable-rate mortgage (ARM) averaged 3.24 percent this week with an average 0.3 points, down from last month when it averaged 3.45 percent. A year ago, at this time, the 5-year ARM averaged 3.84 percent.<\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>February Mortgage Rate Update Freddie Mac&#8217;s results of its\u00a0Primary Mortgage Market Survey\u00ae shows that &#8220;This week&#8217;s mortgage rates were the second lowest in three years, supporting homebuyer demand and leading to higher refinancing activity. Borrowers who take advantage of these low rates can improve their cash flow by lowering their monthly mortgage payments, giving them &hellip; <a href=\"https:\/\/sellingdelawarehomes.com\/delaware-real-estate\/february-2020-mortgage-rate-update\/\" class=\"more-link\">Continue reading <span class=\"screen-reader-text\">February 2020 Mortgage Rate Update<\/span> <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":6941,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1,37],"tags":[],"class_list":["post-6904","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-miscellaneous","category-news"],"_links":{"self":[{"href":"https:\/\/sellingdelawarehomes.com\/delaware-real-estate\/wp-json\/wp\/v2\/posts\/6904","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/sellingdelawarehomes.com\/delaware-real-estate\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/sellingdelawarehomes.com\/delaware-real-estate\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/sellingdelawarehomes.com\/delaware-real-estate\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/sellingdelawarehomes.com\/delaware-real-estate\/wp-json\/wp\/v2\/comments?post=6904"}],"version-history":[{"count":0,"href":"https:\/\/sellingdelawarehomes.com\/delaware-real-estate\/wp-json\/wp\/v2\/posts\/6904\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/sellingdelawarehomes.com\/delaware-real-estate\/wp-json\/wp\/v2\/media\/6941"}],"wp:attachment":[{"href":"https:\/\/sellingdelawarehomes.com\/delaware-real-estate\/wp-json\/wp\/v2\/media?parent=6904"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/sellingdelawarehomes.com\/delaware-real-estate\/wp-json\/wp\/v2\/categories?post=6904"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/sellingdelawarehomes.com\/delaware-real-estate\/wp-json\/wp\/v2\/tags?post=6904"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}