Tag Archives: mortgage rates

Mortgage Rates Stuck in Holding Pattern

Posted on September 29, 2017 by Debbie Prosser

Daily Real Estate News | Friday, September 29, 2017 The 30-year fixed-rate mortgage barely budged this week, staying well below the 4 percent mark. “Rates held relatively flat this week,” says Freddie Mac Chief Economist Sean Becketti. “The 10-year Treasury … Continue reading →

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Home Prices Jump 6.2% in 2nd Quarter; Eclipse 2016 High

Posted on August 16, 2017 by Debbie Prosser

WASHINGTON (August 16, 2017) — The headstrong supply and demand imbalances in much of the country slightly tempered the pace of sales and caused home prices to maintain their robust growth in the second quarter, according to the latest quarterly … Continue reading →

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Loan Demand Gets a Lift From Rate Drop

Posted on August 9, 2017 by Debbie Prosser

Daily Real Estate News | Wednesday, August 09, 2017 Interest rates dropped last week, giving homeowners and home buyers more incentive to lock in a lower rate as they apply for a mortgage. Total mortgage application activity for home buying … Continue reading →

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Mortgage Rates Aren’t Budging

Posted on August 4, 2017 by Debbie Prosser

Daily Real Estate News | Friday, August 04, 2017 Mortgage rates have mostly held steady the past few weeks, with the 30-year fixed-rate loan still averaging below 4 percent. “The 10-year Treasury yield was relatively flat this week, as was … Continue reading →

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Fed Votes to Leave Key Rate Alone

Posted on July 27, 2017 by Debbie Prosser

Daily Real Estate News | Thursday, July 27, 2017 The Federal Reserve said on Wednesday that it will hold off on making any increases to its short-term interest rate, at least for a while longer. The Federal Open Market Committee … Continue reading →

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Mortgage Rates Push Above 4% Average

Posted on July 14, 2017 by Debbie Prosser

Daily Real Estate News | Friday, July 14, 2017 Average mortgage rates are moving up, posting increases for the second consecutive week. “After fully absorbing the sharp increases in Treasury yields over the past couple of weeks, the 30-year mortgage … Continue reading →

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Lower Rates Buoy Refis, Not New Mortgages

Posted on May 25, 2017 by Debbie Prosser

Daily Real Estate News | Wednesday, May 24, 2017 Lower mortgage rates are prompting homeowners to refinance, but applications for home purchases aren’t rising. The Mortgage Bankers Association reported on Wednesday that total mortgage applications—including for refinances and home purchases—rose … Continue reading →

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Lower Mortgage Rates Boost Loan Demand

Posted on April 26, 2017 by Debbie Prosser

Daily Real Estate News | Wednesday, April 26, 2017 Total mortgage activity—which includes applications for refinancings and home purchases—rose 2.7 percent on a seasonally adjusted basis as homeowners rushed to take advantage of lower mortgage rates. The refinance market was … Continue reading →

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Mortgage Rates Set a New 2017 Low This Week

Posted on April 14, 2017 by Debbie Prosser

Daily Real Estate News | Friday, April 14, 2017 The 30-year fixed-rate mortgage continues to drop this week, setting a new low for 2017, Freddie Mac reports in its weekly mortgage market survey. This marks the fourth consecutive week that … Continue reading →

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