Rates were up slightly for fixed rate products but applications for both purchases and refinanced increased from the previous week. The Mortgage. from 0.31 Fifteen year FRM posted an average rate.
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What’s Ahead For Mortgage Rates This Week – October 2, 2017 Last week’s economic reports included Case-Shiller’s Home Price Indices, readings on new and pending home sales and Freddie Mac ‘s weekly mortgage rates report.
Mortgage rates continued lower today, despite an absence of improvement in underlying bond markets. That’s not too surprising considering the average lender didn’t fully adjust yesterday’s rates to.
Brace Yourself for New Property Values – Mary Roberts When I was a teenager, I remember listening to some of Bill Cosby’s comedy albums. On one album – the rest of his monologue escapes me at the moment – he told his listeners, "Never say that things can’t get any worse.Because that’s when the gremlins say, ‘Worse!’ With that in mind, I recommend a special report by David Goldman at CNNMoney.com.
Mortgage buyer Freddie Mac — the Federal Home Loan Mortgage Corp. — said Thursday that the rate on the 30-year mortgage declined to 3.49% from 3.58% last week. The average rate hasn’t been that low.
Mortgage buyer Freddie Mac said Thursday that the rate on the 30-year mortgage declined to 3.49% from 3.58% last week. The average rate hasn’t been that low since October 2016. A year ago. edged.
· Freddie Mac reported mixed activity with mortgage rates last week. Rates for 30-year fixed rate mortgages rose one basis points to an average of 3.65 percent. Rates for 15-year fixed rate mortgages averaged 3.14 percent and were two basis points lower.
Freddie Mac reported higher mortgage rates last week. Rates for 30-year fixed rate mortgages averaged 3.56 percent and were two basis points higher than in the prior week. Rates for 15-year fixed rate mortgages averaged 3.09 percent and were nine basis points higher on average. Rates for 5/1 adjustable rate rose six basis points to an average rate of 3.36 percent.
What’s Ahead For Mortgage Rates This Week – October 10, 2016 CBC National Bank Mortgage rates 0 comment Other than a release on construction spending, last week’s economic readings were dominated by labor and employment data including ADP Payrolls, Non-Farm Payrolls and National Unemployment.
Follow weekly mortgage rate trends and expert opinions from the mortgage rate trend index by Bankrate.com. Mortgage experts predict what will happen to rates over the next week – and why.
Mortgage rates dropped to their lowest level since October 2016 due to weaker economic data over the past week. The 30-year fixed-rate mortgage. trimming may be what’s needed to keep the Fed ahead.