Hey, buyers! Fixed mortgage rates remain near 2015 lows, according to several weekly surveys. Here are the latest rates from Freddie Mac's Primary Mortgage Market Survey for the week ending April 16.
- The 30-year fixed-rate mortgage (FRM) averaged 3.67 percent with an average 0.7 point compared with 4.27 percent a year ago.
- The 15-year FRM this week averaged 2.94 percent with an average 0.5 point compared with 3.33 percent a year ago.
- The 5-year Treasury-indexed hybrid adjustable-rate mortgage (ARM) averaged 2.88 percent this week with an average 0.5 point compared with 3.03 percent a year ago.
- The 1-year Treasury-indexed ARM averaged 2.46 percent this week with an average 0.4 point compared with 2.44 percent last year.
More from Star Tribune
More from Star Tribune
More from Star Tribune
More from Star Tribune
More from Star Tribune
More from Star Tribune
More from Star Tribune
More From Star Tribune
More From Business
Business
Bitcoin's latest 'halving' has arrived. Here's what you need to know
The ''miners'' who chisel bitcoins out of complex mathematics are taking a 50% pay cut — effectively reducing new production of the world's largest cryptocurrency, again.
Business
BNSF Railway says it didn't know about asbestos that's killed hundreds in Montana town
BNSF Railway attorneys told a Montana jury Friday that the railroad should not be held liable for the lung cancer deaths of two former residents of an asbestos-contaminated Montana town, one of the deadliest sites in the federal Superfund pollution program.
Business
Tennessee Volkswagen workers vote on union membership in test of UAW's plan to expand its ranks
The United Auto Workers' ambitious drive to expand its reach to nonunion factories across the South and elsewhere is facing a key test Friday night as workers at a Volkswagen plant in Chattanooga, Tennessee, finish voting on whether to join the union.
Business
Here's how Phish is using the Sphere's technology to give fans something completely different
Phish opened its four-night stay at the Sphere Thursday with a four-hour show that used the advanced technology in the $2.3 billion arena to deliver a show that even the band's most ardent fans have never experienced before.
Business
Tesla recalling nearly 4,000 Cybertrucks because accelerator pedal can get stuck
Tesla is recalling 3,878 of its 2024 Cybertrucks after it discovered that the accelerator pedal can become stuck, potentially causing the vehicle to accelerate unintentionally and increase the risk of a crash.
