Items Tagged with 'mortgage rates'

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Freddie Mac: Mortgage rate decrease expected to continue

Next week could show more substantial declines
Mortgage rates saw a slight dip this week, hovering just above the 4% market. However, the decrease is not over yet, and will continue into next week after the Wednesday’s sell-off. The recent turmoil in the Capitol sent the 10-year Treasury tumbling, and mortgage rates will likely soon follow.
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Turmoil in Washington sends Dow plummeting

Interest rate drop will follow
This week’s scandals in Washington finally caught up with the financial market, sending the Dow plummeting with a drop of more than 250 points. And this drop could soon spill over into mortgages as the 10-year Treasury also sees decreasing rates.
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Freddie Mac: Mortgage rate falls below 4% mark

Drops for fifth consecutive week
Mortgage rates fell below to 4% mark and landed at their lowest point since November 2016. As international relations grow more tense, investors are pulling out of more risky investments, bringing interest rates down further as they follow the Treasury yield.
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Freddie Mac: Mortgage rates drop four weeks straight

Dip to new 2017 lows
Mortgage rates continued to steadily decline, maintaining a recent downward trend in rates, according to Freddie Mac’s latest Primary Mortgage Market Survey. In fact, the average 30-year fixed-rate mortgage declined low enough to hit a record low for 2017.
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Freddie Mac: Mortgage rates see greatest drop in months

30-year rate decreases even after Fed raises rates
Even after the Federal Reserve elected to raise rates in its March meeting, interest rates still followed the Treasury yield, which fell 10 basis points. In fact, this week’s decrease in mortgage interest rates marks the sharpest decline in months.
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Freddie Mac: Mortgage rates break holding pattern, decrease

30-year mortgage rate holds relatively steady in 2017
Mortgage rates dropped this week after holding steady for over a month. The drop demonstrates that, once again, the 30-year mortgage rate stopped following the Treasury yield, which held steady. In fact, the 10-year Treasury yield has seen much more volatility in 2017 than mortgage rates.
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