Mortgage Rates Are Going Higher As Fed Plans Bond Taper

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In: Mortgage News

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Last week Mortgage rates rises to a three-month as the bond markets responded to the Federal Reserve’s broadcast it would “soon” start tapering its fixed-asset purchases. For a 30-year fixed home loan the average U.S rate rises to 3.01%, theContinue Reading

Mortgage Rates Move Upward

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In: Mortgage News

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As a few important mortgage rates increased let us look at how that can affect our mortgage plans. The most frequently used loan term, average 30-year fixed mortgage interest rate increased by 1 basis point since last week it isContinue Reading

Mortgage Rates Rise After Many Weeks Of Dip

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In: Mortgage News

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Last updated on December 26th, 2022 at 09:34 pmFor the week ending August 12 mortgage rates have increased, after falling for six straight weeks. According to Freddie Mac’s Primary Mortgage Market Survey released yesterday, the average 30-year fixed-rate loan wasContinue Reading

Are Rising Mortgage Rates Related To Inflation

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In: Mortgage News

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Last updated on December 26th, 2022 at 09:35 pmAccording to the U.S. Bureau of Labor Statistics, last month in the United States, the average rate of a 30-year mortgage costs a bit more than 3 % because the rate ofContinue Reading

Impressive COVID-19 Vaccine Trial Leads To rising In U.S Mortgage Rates

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In: Mortgage News

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Last updated on February 3rd, 2021 at 12:10 pmIn the week ending 12th November, the mortgage rates rose for the 2nd time in 3-weeks. Last year, the 30-year fixed rates were down by 91 basis points.  30-year fixed rates wereContinue Reading

Mortgage rates rose and boosting the economy

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In: Mortgage News

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Last updated on February 4th, 2021 at 05:16 pmAccording to a Bankrate survey released on Wednesday, mortgage rates rose this week, which is good, news for the U.S. economy, but not-so-good news for borrowers. In Bankrate’s national survey of lenders, the average costContinue Reading

How The Market Is Impacted By The Rising Interest Rates?

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In: Mortgage News

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Last updated on February 3rd, 2021 at 11:49 amWhen the interest rates have been trending lower, U.S. stock markets have been making strong gains. The 10- year U.S. Treasury yield was yielding more than 3% in November 2018 but fell toContinue Reading

Mortgage Rates Will Rise In 2021 - Reasons

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In: Mortgage News, Home Equity News, New Home Mortgage News, Refinance News

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Last updated on February 3rd, 2021 at 11:24 amAccording to a recent forecast by the Mortgage Bankers Association, two things stand out. One is, 2020 will prove to be the second-biggest mortgage year in history.  Topping $3 trillion will put itContinue Reading