Mortgage Rates Hit Four-Year High

Mortgage rates today, April 2, 2019, plus lock recommendations "Plymouth Industrial. 4.2% of ABR. Source: Plymouth REIT – SEC filing As of March 31, 2017, the weighted average in-place remaining lease term of the Plymouth portfolio was 3.1 years. The entire.

Rates hit four-year high. The key mortgage rate moved up sharply this week to a level not seen since 2013, Freddie Mac reported. Through Wednesday, the 30-year fixed rate averaged 4.58 percent, up 11 basis points, Freddie reported. Other key rates also rose.

Since the start of 2018, mortgage rates have been inching up.. The Inquirer and Daily News spoke to four economists about their predictions for the year.. The jump, the association said, was the highest rate since March 2017.. major markets and would still be less expensive even if rates hit 5 percent.".

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According to Freddie Mac, national average mortgage rates rose to 4.38 percent last week on a 30-year fixed-rate mortgage. That rate, while still historically low, is the highest posted since April 2014. 15-year fixed-rate mortgage interest rates averaged 3.84 percent (up slightly from the previous week), and five-year hybrid adjustable-rate mortgages (ARMs) averaged 3.63 percent, also up.

More than 8,100 mortgages were approved in the final three months of 2014. This was 52pc more than in the same period a year earlier, as buyers rushed to get their mortgage in place to beat.

 · Buoyed by a strong economy and a series of interest rate increases by the Federal Reserve, thirty-year fixed mortgage interest rates reached 4.61% – the highest number since May of 2011. Rates crossed the 4% threshold in the week of January 11.

30-year fixed-rate mortgage (FRM) averaged 4.94 percent with an average 0.5 point for the week ending November 8, 2018, up from last week when it averaged 4.83 percent. A year ago at this time, the 30-year FRM averaged 3.90 percent.

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NEW YORK (Reuters) – U.S. borrowers filed the fewest applications to buy a home and to refinance one in nearly four years last week as some 30-year mortgage rates increased to their highest levels in.

Current Home Mortgage Rates Comparison On May 27, 2019, according to Bankrate’s latest survey of the nation’s largest mortgage lenders, the benchmark 30-year fixed mortgage rate is 4.00.

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"Mortgage rates are now at their highest level since the week of August 22, 2013," said Freddie Mac Chief Economist Sam Khater. "Higher Treasury yields, driven by rising commodity prices, more Treasury issuances and the steady stream of solid economic news, are behind the uptick in rates over the past week.