Long-term U.S. mortgage rates rose this week for a second straight week, posting new highs for the year. The markets were anticipating an increase in a key interest rate by the Federal Reserve, which the Fed announced Wednesday. 30-year rates on mortgages increase again to ... » Learn More about 30-year rates on mortgages increase again to 4.30%
Mortgage rates
30-year mortgage rate rises yet again – to 4.16%
Two out of three (62.5%) mortgage experts polled by Bankrate.com this week think the mortgage rate will continue to rise over the short term, and 25% foresee little change. Only 12.5% forecast a decline. 30-year mortgage rate rises yet again - to 4.16% Long-term U.S. rates on ... » Learn More about 30-year mortgage rate rises yet again – to 4.16%
Mortgage rates hike assist and impair home buyers
With mortgage rates ticking up as investors anticipate the Federal Reserve raising interest rates in December, the expense of borrowing is increasing, and that's leading some new home buyers to speed up their purchases while discouraging homeowners from refinancing existing ... » Learn More about Mortgage rates hike assist and impair home buyers
Interest rates Cheaper Today, Yet Greater than a Week Ago
Mortgage Interest Rates managed to make modest gains today, moving just slightly lower for the average lender. That's a welcome development after 10 straight days of higher rates, but it's more of a symbolic victory for now. Reason being: many lenders are quoting the exact same rates as yesterday, ... » Learn More about Interest rates Cheaper Today, Yet Greater than a Week Ago
Mortgage Rates Continue to keep New 3-Year Lows
Rates on mortgages move lower again following last week's Brexit headlines (the U.K.'s vote to depart the European Union). Indeed it's hard to turn on the TV, computer, or radio without listening to Brexit. Global financial markets are still in the throes of the "initial reaction" time period. That ... » Learn More about Mortgage Rates Continue to keep New 3-Year Lows