Mortgage rates typically move in the same direction as the 10-year yield so it was no surprise that mortgage rates had a notable spike last week with the average rate on the 30-year fixed rate mortgage moving eleven basis points higher up to 4.58%, according to the Freddie Mac Primary Mortgage Market Survey.
Aug 7, 2017, 6:51am EDT. U.S. mortgage rates were essentially unchanged this week, according to Freddie Mac. The 30-year fixed mortgage averaged 3.93 percent for the week ending Aug. 3, up slightly from 3.92 percent the previous week. A year ago, mortgage rates stood at 3.43 percent.
To be fair, it was the previous week that offered the biggest benefits, but last week was no slouch. Factoring out the first few days of January, it would have been the best week for mortgage rates since April 2018.
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Mortgage Rates Unchanged to Start the week january 14, 2019 Mortgage rates held their ground today, keeping them in line with long-term lows achieved over the past 2 weeks.
Average 30-year rates for jumbo loan balances remained unchanged at 4.04%. Points increased from 0.17 to 0.24 (incl. origination fee) for 80% LTV loans. Weekly figures released by the Mortgage Bankers.
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The 30-year fixed mortgage averaged 4.45 percent for the week ending Jan. 24, unchanged from the previous week.
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Mortgage Rates Unchanged at Start of Hectic Week By The Citizen on January 28, 2019 Mortgage rates didn’t move at all today, on average, but that’s likely to change throughout the course of the week-possibly several times.
MBS Day Ahead: Another Way to Look at The Sell-Off (Inflation is Back) Indeed, if the Fed’s current asset purchase program – which proceeds at the pace of $85 billion per month in purchases of long maturity Treasury debt and mortgage-backed securities (MBS) – continues until the end of the year, as expected, then the peak increase in the size of the balance sheet should be a factor of about 4.8 (nominal) using January 2007 as a base period.
From Matthew Graham at Mortgage News Daily: Mortgage Rates Unchanged to Start the Week Mortgage rates held their ground today, keeping them in line with long-term lows achieved over the past 2 weeks. To be fair, it was the previous week that offered the biggest benefits, but last week was no slouch.
The average rate you’ll pay for a 30-year fixed mortgage is 4.41 percent, unchanged over the last week. A month ago, the average rate on a 30-year fixed mortgage was higher, at 4.46 percent.
Mortgage Rates Catch a Break, but It’s Small The average 15-year rate dropped to 3.57 percent from 3.71 percent. The housing market, damaged by a spike in mortgage rates last year that cut into affordability, is signaling that it’s getting some strength back.