Fixed mortgage rates edged up this week, but even 30-year rates below 5 percent have done little to boost home sales. Freddie Mac said Thursday the average rate on the 30-year fixed mortgage rose to 4.81 percent from 4.76 percent the previous week. It hit a 40-year low of 4.17 percent in November. Get the full story »
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Mortgage rates drop to 3-month low
Mortgage rates posted a sharp decline, with the benchmark conforming 30-year fixed mortgage rate falling to 4.91 percent, according to Bankrate.com’s weekly national survey. Get the full story »
30-year mortgage rates nudge up
Mortgage rates were mostly unchanged in the latest week, with the average rate on 30-year fixed-rate mortgages edging slightly upward, according to Freddie Mac’s weekly survey of mortgage rates.
Rates had risen earlier this year, hitting their highest level since April last month. They had slumped most of last year as Treasurys had declined amid economic uncertainty. The rates generally track the yields, which move inversely to Treasury prices. Get the full story »
Mortgage rates in U.S. fall for third week
Freddie Mac's corporate offices in McLean, Va. (AP Photo/Pablo Martinez Monsivais, FILE)
Mortgage rates eased again last week, with long-term rates continuing their decline from the current-year high set three weeks ago, according to Freddie Mac’s weekly survey.
Rates had seen a recent rise, hitting their highest level since April last month. They had slumped most of last year as Treasurys had declined amid economic uncertainty. The rates generally track the yields, which move inversely to Treasury prices.
Freddie Chief Economist Frank Nothaft cautioned, “housing demand still remains weak,” noting that new home sales in January neared the lowest levels since at least 1964, when data collection began, according to the Census Bureau. Get the full story »
Mortgage rates dip back below 5%
Mortgage rates declined in the latest week, with the average rate on 30-year fixed-rate mortgages landing at 4.95 percent, according to Freddie Mac’s weekly survey.
Rates slumped through most of last year as yields on Treasurys declined amid economic uncertainty. But yields have been on the rise recently, pushing mortgage rates back up earlier this month to the highest level since last April. The rates track the yields, which move inversely to Treasury prices. Get the full story »
Average 30-year mortgage rates dip to 5%
(AP Photo/Paul Sakuma)
Fixed mortgage rates inched down this week, following a dip in Treasury yields.
The average rate on a 30-year fixed mortgage slipped to 5 percent from 5.05 percent last week, Freddie Mac said Thursday. It hit a 40-year low of 4.17 percent in November.
The average rate on the 15-year fixed home loan also fell to 4.27 percent from 4.29 percent. It reached 3.57 percent in November, the lowest level on records dating back to 1991. Get the full story »
Mortgage rates rise to 10-month high
Mortgage rates rose in the latest week, with the average rate on 30-year fixed-rate mortgages climbing to the highest level since last April, according to Freddie Mac’s weekly survey of mortgage rates.
“Long-term bond yields jumped on positive economic data reports, which placed upward pressure on mortgage rates this week,” said Freddie Chief Economist Frank Nothaft. Get the full story »
Mortgage rates edge up to 3.81%
Mortgage rates were mostly unchanged the latest week, with the average rate on 30-year fixed-rate mortgages barely edging up, according to Freddie Mac’s weekly survey.
“Mortgage rates held relatively stable this week on news that the economy improved and inflation remained in check at the end of 2010,” said Freddie Chief Economist Frank Nothaft. Get the full story »
Mortgage rates tick up to 4.8%
The average rate on the 30-year fixed mortgage rose slightly this week, following increases in bond yields.
Freddie Mac says the average rate rose to 4.80 percent this week from 4.74 percent the previous week. It hit a 40-year low of 4.17 percent in November. Get the full story »
Rate on 30-year fixed mortgage rises to 4.74%
Rates on the 30-year fixed mortgages rose slightly this week, following increases in Treasury yields. Freddie Mac says the average rate rose to 4.74 percent this week from 4.71 percent the previous week. It hit a 40-year low of 4.17 percent in November. Get the full story »
30-year mortgage rates dip to 4.71%
Rates on fixed mortgages dipped for the second straight week as Treasury yields fell. Freddie Mac says the average rate on the 30-year mortgage dropped to 4.71 percent this week from 4.77 percent the previous week. It hit a 40-year low of 4.17 percent in November. Get the full story »
Mortgage rates highest since May
The era of near 4 percent mortgage rates has ended after a quick rate rise since early November. But some industry experts think that may be a good thing for the flagging housing market.
The average 30-year fixed mortgage rate has risen to 4.86 percent from 4.17%, according to Freddie Mac’s weekly mortgage market survey. In the Bankrate.com weekly survey, the rate has risen to 5.02 percent — crossing the 5 percent mark for the second time in three weeks — after being as low as 4.42 percent as recently as early November.
Rates haven’t been this high since May and forecasters now predict them to remain between 5 percent and 6 percent for all of 2011. Get the full story »
30-year mortgage rates end 5-week climb
Rates on fixed mortgages dipped after rising for five weeks in a row.
Still, they remain more than a half-point higher than last month and are at the highest level since late spring. Get the full story »
Fannie, Freddie split on late-mortgage data
Fannie Mae said serious delinquencies on single-family mortgages declined further in October from September, while Freddie Mac reported that such delinquencies turned up in November for a second straight month, after seeing declines since February.
While the number of U.S. households behind on their mortgage payments declined during the third quarter, the number of newly initiated foreclosures rose as banks continued to clear a backlog of delinquent loans. Get the full story »
Still-low mortgage rates continue steady rise
Mortgage rates rose in the latest week, extending their bounce off record lows they set in the fall, according to Freddie Mac’s weekly survey.
Rates have climbed in recent weeks after they fell through October, setting repeated lows. Yields on Treasurys have jumped sharply recently, and mortgage rates generally track the yields, which move inversely to Treasury prices. Get the full story »
