Mortgage Rates Moderately Higher To Begin The Week

Current Mortgage Rates are Flat to Start the Week. August 6, 2018 Leave a comment. It’s a quiet start to the week with mortgage rates holding steady. That could be a trend that persists for the remainder of the week as there’s really not much scheduled on the economic calendar this week.

Mortgage rates were slightly higher to start the new week, which is a pretty good outcome considering the underlying events. On Friday, we anticipated a pick-up in volatility as rates were at risk of.

Nearly a month after the Federal Reserve raised benchmark interest rates by 25 basis points, mortgage rates have remained stubbornly low, with 30-year fixed-rate mortgages dipping to 3.95 percent.

Once again, this week’s rate is moderately lower than last year’s rate of 4.45%. "Mortgage rates have dipped quite dramatically since the start of the year and house prices continue to.

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Mortgage Rate Trends: Higher, Faster To Begin The Week. Mortgage rates kicked off the week moving higher and faster than last Friday. The "Brexit" drama in Europe is partly to blame, as investor reaction to the economic uncertainty there influences mortgage rates here.

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We’ve already seen the average rate on a 30-year fixed rate mortgage jump up twenty-seven basis points (one basis point = 0.01) since the first week of the year. The average rates on a 30-year fixed rate mortgage made its way up to 4.22% (0.5 points) in last Thursday’s PMMS.

Mortgage rates fell at a moderate pace today.. Mortgage rates were slightly higher to start the new week, which is a pretty good outcome considering the underlying events.. mortgage rates were higher again on Monday, but just barely.

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Mortgage rates moved sideways to slightly higher today, keeping them in an exceptionally narrow range that’s persisted for the entire month of March. As of last Thursday, rates looked like they might make an attempt to challenge the lower boundary of that range, but they quickly backed off (or backed "up" as the case may be).

Mortgage Monday: Mortgage Rates Higher to Begin Holiday-Shortened Week Published on November 20, 2017 by CapitalCityRealEstateMagazine Mortgage rates moved slightly higher today against the backdrop of the unique bond market conditions seen on Thanksgiving week.