Articles Tagged with ''mortgage rates''

Freddie Mac: Mortgage rates surge to highest level since 2014

Follows news of higher-than-expected inflation levels
Mortgage rates continue to surge and have now reached their highest levels since 2014 following the news of higher-than-expected inflation levels. Freddie Mac explained inflation measures were broad-based, cementing expectations that the Federal Reserve will go forward with monetary tightening later this year.
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MBA: Interest rates to increase four times in 2018

Mortgage Bankers Association expects another two in 2019
During Thursday’s general economic outlook session at MBA’s Servicing conference, Joel Kan, MBA’s associate vice president of industry surveys and forecasts, said there is an expectation for a rising rate environment, given the domestic economic fundamentals against the job market.
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Freddie Mac: Mortgage rates hit highest level since December 2016

Continue steady climb that began in January
Mortgage interest rates now sit at the highest level in more than a year, thanks to five straight weeks of increases. The latest data from Freddie Mac’s Primary Mortgage Market Survey shows the 30-year fixed mortgage rate just hit its highest mark since December 2016.
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State of U.S. interest rates, broken down by credit scores

Here are the interest rates for those less-than perfect scores
The last report from Freddie Mac shows the average 30-year fixed-rate mortgage interest rate came in at 3.95%, but what about for borrowers with less-than-perfect credit scores? LendingTree recently conducted a study which analyzed the actual rates lenders offered to borrowers to see the average interest rate broken down by credit scores.
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Freddie Mac: Interest rates drop at start of 2018

Less upward pressure could keep rates low for now
Mortgage rates decreased at the start of the year as they felt less upward pressure from the market. Freddie Mac explained that with the FOMC minutes showing continued support for gradual increases in policy rates from many participants and inflation rates remaining low, there isn’t much upward pressure on long-term rates at the moment.
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Mortgage rates to increase past 4.5% in 2018

One expert predicts rates could hit 5% mark
The Federal Reserve is expected increase mortgage rates up to three or four times in 2018, which could push 30-year mortgage rates up past 4% in 2018. Most experts predict rates will increase, but stay below 5%, however one expert predicted rates could hit the 5% market by the end of the year.
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FHFA report shows mortgage rates increasing as year ends

Trailing index matches more recent data
The most recent data from Freddie Mac showed that mortgage rates have been trending up over the last few weeks, nearly surpassing 4% in the last week of the year. A new trailing index report from the Federal Housing Finance Agency backs up the Freddie Mac data and shows that interest rates are indeed on the rise as 2017 ends.
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Freddie Mac: Mortgage rates on the verge of rising

But remain 36 basis points below last year
Mortgage rates increased just slightly this week, but they could be on the verge of further increases. Freddie Mac explained the majority of our survey was completed prior to the surge in long-term interest rates that followed the passage of the tax bill, but next week could see an increase.
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