Rates on 30-year mortgages edging up With the yield on the benchmark 10-year Treasury bond rising nearly a third of a percentage point by Thursday from last Friday, mortgage rates, which have averaged 4.5% for the last four weeks, are following slowly, officials say. After hovering for four weeks at 4.5%, the 30-year fixed-rate home [...]
Tag Archives: 30year
30-Year Rates Show Big Drop
30-Year Rates Show Big Drop Mortgage rates took a big drop last week, with average rates on 30-year loans falling by more than one-tenth of a percentage point. Average interest rates on 30-year fixed-rate mortgages Read more on Nasdaq
Are we facing the end of the 30-year fixed-rate mortgage?
Are we facing the end of the 30-year fixed-rate mortgage? Many housing proponents say the government’s move to dismantle Fannie Mae and Freddie Mac means the most popular home loan will be more expensive. But how much more is a matter of debate. Will the move to dismantle Fannie Mae and Freddie Mac mean the [...]
30-year mortgages inch up
30-year mortgages inch up The rate on the 30-year fixed mortgage rose for the fourth straight week, but still remains below 5 percent. Freddie Mac said Thursday the average rate on the 30-year loan rose to 4.91 percent from 4.87 percent the previous week. It hit a 40-year low of 4.17 percent in November. Read [...]
MORTGAGES / Rate on 30-year fixed loan rises
MORTGAGES / Rate on 30-year fixed loan rises Fixed mortgages were essentially unchanged this week, as the average rate on the 30-year fixed loan stayed below 5 percent. Freddie Mac said Thursday the rate on the 30-year fixed mortgage rose to 4.87 percent from 4.86… Read more on San Francisco Chronicle
30-year mortgage rate holds
30-year mortgage rate holds Fixed mortgages were essentially unchanged last week, as the average rate on the 30-year fixed loan stayed below 5 percent. Freddie Mac said Thursday the rate on the 30-year fixed mortgage rose to 4.87 percent from 4.86 percent the previous week. It hit a 40-year low of 4.17 percent in November. [...]
Starwatch consumer | Average interest rate for 30-year mortgages pushes past 5 percent
Starwatch consumer | Average interest rate for 30-year mortgages pushes past 5 percent The average rate on 30-year mortgages topped 5 percent this week for the first time since April. Higher rates could further hamper the struggling housing market ahead of the spring’s prime homebuying season. Freddie Mac said the average rate rose to 5.05 [...]
MORTGAGES / Fixed 30-year rate rises
MORTGAGES / Fixed 30-year rate rises Rates on the 30-year fixed mortgages rose slightly following increases in Treasury yields. Freddie Mac says the average rate rose to 4.74% last week from 4.71% the previous week. It hit a 40-year low of 4.17% in November. Read more on San Francisco Chronicle
Mortgages: 30-year fixed-rate mortgage averages 4.74%
Mortgages: 30-year fixed-rate mortgage averages 4.74% Reports indicating that inflation remains tame kept mortgage rates relatively steady this week, Freddie Mac’s chief economist said on Thursday. Read more on Market Watch
Mortgage rates: Average 30-year fixed loan rises to 4.83 percent
Mortgage rates: Average 30-year fixed loan rises to 4.83 percent Rates on fixed mortgages surged for the fifth straight week, reflecting higher yields on long-term Treasury bonds. Read more on San Jose Mercury News