Items Tagged with '30-year mortgage interest rate'

ARTICLES

  • Are we headed for a housing slowdown this summer?

    Will mortgage rates at recent record levels drive down home buying?
    Mortgage interest rates just hit the highest level in seven years, but those in the lending trenches already knew that, right? That news shouldn’t come as a surprise to those of you who live and breath the mortgage business. But what about everybody else? Is that sticker shock going to drive some prospective buyers to remain prospective buyers this summer?
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  • Freddie Mac: Mortgage rates exceed 4% for first time since July

    Is this goodbye to interest rates in the 3% range?
    Mortgage rates continued rising in the last week, eventually breaching 4% for the first time since last summer, according to Freddie Mac’s latest Primary Mortgage Market Survey. Interest rates are also the highest they’ve been since May 2017. Here are the full details.
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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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  • MBA: Mortgage applications reverse course, fall

    30-year fixed-rate mortgage stays frozen
    Mortgage applications reversed course and dipped slightly from the previous week due to a drop in both purchase and refinance applications. Meanwhile, the 30-year fixed-rate mortgage with a conforming loan balance managed to stay the same.
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