Mortgage rates rise for second consecutive week

Freddie Mac released the results of their mortgage survey showing and increase in rates in the second consecutive week. Fixed mortgage rates rose amid continued market expectations of a possible rate increase by the Federal Reserve and following a stronger than expected jobs report.

Rise in hurricane recovery times could strain mortgage servicers The strain is not limited to the usual high-cost cities like New York and San Francisco. An analysis for The New York Times by Zillow. a research firm, said rents could rise, on average, as much as.

Mortgage Applications Decline for Sixth Consecutive Week May 30 2018, 5:59AM Although interest rates extended their decline for the second week, the level of mortgage activity failed to respond.

Long-Term Mortgage Rates Rise For Second Consecutive Week. March 15, 2002. 1-Year ARM Rate Barely Changed From Previous Week. McLean, VA ? In Freddie Mac’s primary mortgage market survey, the 30-year fixed-rate mortgage (FRM) averaged 7.08 percent, with an average 0.7 point, for the week ending March 15, 2002, up from 6.87 percent last week.

 · ”Mortgage rates fell for the fourth consecutive week and continued the medium-term trend of lower rates since late 2018,” says Sam Khater, Freddie Mac’s chief economist. “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.

NEW YORK, May 26, 2016 /PRNewswire/ — Mortgage rates increased again this week, with the benchmark 30-year fixed mortgage rate rising to 3.82 percent, according to Bankrate.com’s weekly national.

Mortgage interest rates have now risen for the fourth consecutive week, according to the latest Freddie Mac Primary Mortgage Market Survey. The 30-year fixed-rate mortgage averaged 4.20% for the week ending April 25, 2019, slightly up from last week’s rate of 4.17%. Notably, this week’s rate is moderately lower than last year’s rate of 4.58%.

Mortgage rates were expected to rise again this week because 10 year bond yields rose 7 basis points. average 30 year mortgage rates increased to 3.79 percent, up from the prior week’s average rate of 3.76 percent.

Mortgage rates were on the rise in the week ending 6 th September, a second consecutive week of gains coming off the back of 3 consecutive weeks of decline.

The benchmark 30-year fixed-rate mortgage saw a slight uptick this week to 3.95 percent from 3.94 percent, according to Bankrate’s weekly survey of large lenders. The big news is the rate tumbled.

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Mortgage. rates decreased by 2 basis points to 3.78% in the week. Rates increased by 11 basis points from last year’s 3.67%. The average fee remained fell from 0.4 points to 0.3 points. According.