It’s been a month of low rates sneaking higher every week. How much did they climb this week? Read the primary mortgage market survey to find out!
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After months of dropping mortgage rates, we’ve seen rates inch higher for weeks. Rates are still low in historical comparison, but there’s no telling how much longer they’ll stay at these low levels.
Fixed mortgage rates followed long-term government bond yields higher following a growing market sentiment that the Federal Reserve may lessen its accommodative policy stance. Improving economic data may have encouraged those views.
Don’t know the difference between interest rates and APR? Read this week’s Know Your Mortgage: Rates Explained to tell this from that.
Fixed-rates moved up for the third consecutive week, with the average 30-year fixed-rate mortgage about a quarter-percentage point higher than three weeks ago. While this may slow some of the refinance momentum, rates are nonetheless low and home-buyer affordability high.
After over a month of record-low mortgage rates, we’ve seen low mortgage rates creep a little higher for two weeks in a row. Read the details in this week’s Primary Mortgage Market Survey.
Unfortunately, mortgage rates have reversed their recent trends and have risen this week according to the Primary Mortgage Market Survey. Read on to find out how much they’ve risen.
For two weeks in row, 15-year fixed-rate mortgages have reached the lowest rates on record, and every other rate dropped as well. See the details in this week’s PMMS report.
This week 15-year fixed-rate mortgages and 5-year adjustable rate mortgages dropped to record lows. How low you ask? Read this week’s PMMS report to find out.
For three straight weeks, mortgage rates have dropped even lower. How and why? Read this week’s PMMS report to find out.