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Mortgage rates rose this week, with the 30-year loan finally inching higher after falling for eight weeks. Thirty-year fixed-rate mortgages averaged 5.82 percent in the week ending Thursday
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Mortgage rates around the country went up this week, with 30-year mortgages climbing to the highest level since early September. Freddie Mac, in its weekly survey released Thursday, reported that rates on
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MCLEAN, Va. - Mortgage rates have risen this week, but they remain at the low levels seen for most of this year. Mortgage company Freddie Mac says 30-year fixed-rate mortgages have gone from an average 5.75 percent last week up to 5.81.
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YESTERDAY Close $60.07 Change -$3.18 52-WEEK High $71.92 Low $54.97 Freddie Mac, the nation's number two buyer and backer of home mortgages, set aside more than $300 million in the second quarter to account for bad loans, contributing to a 45 percent drop in profit.
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Mortgage rates rose about one-tenth of a point this week, Freddie Mac said Thursday. The 30-year fixed-rate mortgage (FRM) averaged 5.82 percent this week, with an average 0.6 points, up from last week when it averaged 5.72 percent.
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Investor's Business Daily - The average 30-year fixed mortgage fell 0.05 point 15 6.69% in the week of June 21, Freddie Mac said. It was 6.71% a year ago. The 15-year fixed rate fell to 6.37% from 6.43% last week. Rates fell due to concerns that the housing market will continue to hurt the economy following declines in housing starts and home builder optimism, said Freddie Mac chief economist Frank Nothaft.
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Thirty-year fixed-rate mortgages averaged 5.76 percent for the week ending November 11th, up from 5.70 percent last week. Mortgage rates are still low by historical standards, however, even with the increase.
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But Freddie Mac predicts only a slight increase in rates over the year; 30-year fixed-rate at 5.83%. NEW YORK (CNN/Money) - Mortgage rates rose in the latest week, according to a report released Thursday that
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Interest rates on US 30- and 15-year mortgages rose just slightly this week following a government report of more jobs in July and August and Federal Reserve testimony that the economy &quot;regained some traction,&quot; mortgage
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Investor's Business Daily - The Mortgage Bankers Association said its mortgage applications index fell 3.8% in the June 22 week to the lowest level in 4 months. Applications are still 16.8% above the year-ago level. Mortgage rates held near recent highs. Refinance applications slid 2.5% to its lowest level of the year. Applications for buying a home fell 4.9%, but only to a 4-week low.
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Rates on 30-year and 15-year mortgages dipped this week, a development that should help keep the housing market humming. Rates on 30-year, fixed-rate mortgages averaged 5.74 percent for the week ending Nov.
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The weekly survey from mortgage company Freddie Mac had rates on 30-year fixed-rate mortgages inching higher this week, up to an average 5.82 percent from last week&#39;s 5.81 percent.