US 30-, 15-year mortgage rates up 2nd straight week
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Interest rates on US 30- and 15-year mortgages rose for a second straight week this week, but the housing market remained healthy, with record sales expected for 2004, mortgage finance company Freddie Mac said on Wednesday.
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Interest rates on US 30-year and 15-year mortgages rose in the week as the market digested October&#39;s strong jobs report which showed economic growth may be gaining steam, mortgage finance company Freddie Mac said on Thursday
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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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Interest rates on U.S. 30-year mortgages edged slightly lower in the latest week, continuing to offer an enticing rate to prospective home owners, mortgage finance company Freddie Mac said on Wednesday.
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Mortgage rates rose this week, although 30-year mortgages were still below the 6 percent level for a fourth week, Freddie Mac said Thursday.
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Interest rates on US 30- and 15-year mortgages edged slightly lower in the week, mortgage finance company Freddie Mac said on Thursday.
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Investor's Business Daily - The 30-year fixed mortgage rate averaged 6.53% in the week ended June 7, up from 6.42% last week and the highest since Aug., Freddie Mac said. It was at 6.62% last year. The 15-year fixed rate rose 0.1 point 15 6.22%. &quot;Mortgage rates climbed this week owing to market concerns of a tight labor force and wage growth,&quot; said Frank Nothaft, Freddie Mac vice president and chief economist. He said housing probably won&#39;t recover before year-end.
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Rates on 30-year and 15-year mortgages dipped this week, good news for prospective home buyers. Freddie Mac&#39;s weekly survey released Thursday showed that rates on 30-year, fixed-rate mortgages declined to
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Applications for U.S. home mortgages rose last week, as mortgage rates fell, an industry group said on Wednesday.
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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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Mortgage rates increased this week for the first time in a month, while holding close to the lowest since early April, according to Freddie Mac.
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Mortgage applications rose for a second straight week as interest rates sank to their lowest since May, data from an industry trade group showed on Wednesday.
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Countrywide Financial Corp. ,  the largest U.S. mortgage lender, on Tuesday said it made 15  percent more home loans in May as the pace of refinancings  increased, though the foreclosure rate doubled.
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NEW YORK -- Mortgage rates have jumped this week, propelled higher by news of strengthening in the economy. Rates on 30-year fixed-rate mortgages are averaging 5.82 percent in the new survey from mortgage company Freddie Mac.
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New applications for U.S. home loans rose last week along with mortgage refinancings as 30-year mortgage rates eased to their lowest levels in six months, an industry group said on Wednesday.
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Lenders issued $33.2 billion in new loans for commercial properties in the second quarter, up 17.4 percent from the same quarter in 2003, the Mortgage Bankers Association said on Friday.
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New applications for U.S. home loans rose, spurred by a rise in mortgage refinancings last week as 30-year mortgage rates eased to their lowest level since early April, an industry group said on Wednesday.