WASHINGTON (AP) — Interest rates on long-term home loans rose this week to the highest level in months. Mortgage giant Freddie Mac said Thursday that the rate on 30-year, fixed-rate mortgages rose to 4.04 percent this week, highest since May and up from 3.99 percent last week. The...
Long-term mortgage rates crossed the 7% mark for the first time this year,according tothe Freddie Mac Primary Mortgage Survey. 30-year fixed-rate mortgages averaged 7.10% as of April 18, compared to 6.88% a week ago and 6.39% in the year-ago period....
Long-Term Mortgages See Rates Fall Slightly.This article reports on the decline in long-term mortgage rates with the coincidental rise of short-term rates as of December 23, 2005, according to the Federal Home Loan Mortgage Corp. in the U.S.EBSCO_bspWall Street Journal Eastern Edition...
WASHINGTON (AP) — U.S. long-term mortgage rates fell this week for the second straight week as anxiety has spiraled over devastation to the economy from the coronavirus pandemic. Home-loan rates have been hitting all-time lows. Mortgage buyer Freddie Mac reported Thursday that the average ra...
up-and-coming news resources methodology faq ideas & opinions decision points photos u.s. news live sign in us long-term mortgage rates fall; 30-year at 2.86% business news news home us long-term mortgage rates fall; 30-year at 2.86% u.s. average rates on long-term mortgages fell this...
LOS ANGELES (AP) — The average long-term U.S. mortgage rate rose this week for the second week in a row, another setback for homebuyers facing a housing market that remains unaffordable for many Americans after years of soaring home prices.
Mortgage rates are based on bonds and bonds are having a tough time in the past few days. Bonds such as US Treasuries often benefit from terrible things that happen around the world--anything that calls economic growth into question or that increases geopolitical risk in a significant way. ...
Asked to predict the magic mortgage rate that will have inventory flooding back into the housing market, Zandi said that obviously a 5% rate is better than 6%, but the long-term number will likely be somewhere in between. In recent weeks,mortgage rates have fallenfrom their October highs,...
QUESTION: Recently you told a reader it is smart to get the biggest long-term mortgage available. You prefer 30-year mortgages over 15-year loans. But it seems to me a large down payment with a small mortgage for 15 years is better because of the interest cost saving. Why are you push...
The average long-term U.S. mortgage rate rose this week for the second week in a row, according toweekly datacompiled by mortgage buyer Freddie Mac. The rate on the 30-year fixed mortgage climbed to 6.43% this week, up from 6.39% a week ago. One year ago, it averaged 5.10%. ...