Mortgage rates creeping up
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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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Rates on 30-year and one-year mortgages climbed this week, while rates on some other home loans didn't budge.
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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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New applications for U.S. home loans  rose last week as refinancing activity accelerated amid  relatively flat 30-year mortgage rates, an industry group said  on Wednesday.
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Applications for home mortgages jumped  for a third consecutive week as plunging interest rates  encouraged more homeowners to seek refinancings, an industry  group said on Wednesday.
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Figures showing falling mortgage approvals and rising repossessions suggest interest rate rises are being felt.
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Mortgage rates inched up last week, but they remained well below the year-high levels set during the spring. Freddie Mac, in its weekly survey released Thursday, reported that rates on 30-year
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U.S. mortgage applications rose last  week, fueled by increased demand for home purchase loans even  as interest rates hit their highest level in nearly a year, an  industry group&#39;s data showed on Wednesday.
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U.S. mortgage applications rose last  week, with both new purchases and refinancings driven up by the  lowest long-term home loan rates since early December, an  industry trade group said on Wednesday.
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Bank mortgage approvals rose by 3.7% in October, compared with the same time last year, industry figures show.
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Applications for home mortgages jumped for a third consecutive week as plunging interest rates encouraged more homeowners to seek refinancings, an industry group said on Wednesday.
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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.
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Sentiment towards sterling has improved since the release of data revealing that mortgage lending remains strong, raising the possibility that the Bank of England may still need to keep hiking interest rates.
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Mortgage rates rose slightly this week, but 30-year fixed-rate mortgage averages this year were the second lowest in 32 years, according to Freddie Mac.
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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-year and 15-year mortgages edged higher this week amid signs the economy is improving, stoking inflation concerns, mortgage finance company Freddie Mac said on Thursday.
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Canadians are paying more to borrow money for homes, cars and other purchases today after a quarter-point interest-rate increase by the Bank of Canada yesterday was quickly matched by the chartered banks.