Average mortgage rates hold steady amid global trade disputes

Mortgage Rates Hold Steady Amid Global Trade Disputes. – Mortgage rates fell for the fourth consecutive week and continued the medium-term trend of lower rates since late 2018. The drop in mortgage rates is causing purchase demand to rise and the mix of demand is skewing to the higher end as more affluent consumers are typically more responsive to declines in rates.

Two rate. tariffs and trade disputes, had put upward pressure on inflation throughout 2018, pushing both the 10-year yield and 30-year mortgage rates to post-recession highs. The plunge in oil.

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THE Reserve Bank has kept the cash rate on hold, as expected. the release of weaker than expected international trade and retail sales figures for May, spiked at US75.45c shortly after the rates.

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Mortgage Rates Hold Steady Amid Global Trade Disputes. – Mortgage Rates Hold Steady Amid Global Trade Disputes May 16, 2019. Modestly weaker consumer spending and manufacturing data, along with continued jitters around trade policy, caused interest rates.

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Global and domestic economic concerns continue to drive down mortgage rates. According to the latest data released Thursday by Freddie Mac, the 30-year fixed-rate average slipped. based on the.

https://freddiemac.gcs-web.com/news-releases/news-release-details/mortgage-rates-hold-steady-5 MCLEAN, Va., June 13, 2019 (GLOBE NEWSWIRE) — Freddie Mac (OTCQB: FMCC.

Mortgage Rates Remain Stable July 11, 2019. The recent stabilization in mortgage rates reflects modestly improving U.S. economic data and a more accommodative tone from the Federal Reserve to respond to the rising downside economic risk from trade tensions and soft global economic data.

Closing times match a low last seen pre-TRID Closing times match a low last seen pre-TRID U.S. Housing Starts Fall More Than Expected While Permits Steady – Groundbreaking on new U.S. homes eased from the fastest pace in 13 months while permits held steady to finish the strongest year for housing construction in a decade, government figures showed.

Mortgage Rates Hold Steady Amid Global Trade Disputes BY GlobeNewswire | AGENCY | 05/16/19 10:00 AM EDT MCLEAN, Va., May 16, 2019 (GLOBE NEWSWIRE) — Freddie Mac (FMCC) today released the results of its Primary mortgage market survey (pmms), showing that fixed-rate mortgages dropped slightly.

Trade-related headlines should continue to dominate market movements in the coming days." The 15-year fixed-rate mortgage this week averaged 3.53%, down from last week when it averaged 3.57%. A year ago at this time, the 15-year fixed-rate mortgage averaged 4.08%.

Mortgage application volume drops on less purchase activity Mortgage application volume also rose after rates saw their biggest weekly decline at the end of March. Volumes were up 28 percent from a year prior, according to the Mortgage Bankers Association.Essent posts higher net income at year’s midpoint  · American’s full-year 2018 net income was $82.5 million compared to $67.0 million in 2017. The 23% increase from the prior year resulted from .8 million higher net interest income, driven primarily by growth in interest earning assets and an improved interest rate environment.

While the yellow metal has lost its bullish mojo due to revival of demand for USD ahead of FOMC rate hike meet, the pair continues to hold steady above the 200 hour moving average it hit. risks of.