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 [...]
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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
Average rates for fixed mortgages fall to 4.49 pct., lowest level on record
Average rates for fixed mortgages fall to 4.49 pct., lowest level on record WASHINGTON – U.S. mortgage rates dropped to the lowest level on record for the sixth time in seven weeks, offering the most attractive opportunity Read more on Canadian Business
Housing market returns to ‘historically average’
Housing market returns to ‘historically average’ Greater Victoria’s housing market settled back to a “historically average” state in July, according to the Victoria Real Estate Board. VREB numbers show property sales last month were reflective of 1990s levels – not the energetic market of 2001-07. Read more on Victoria News