fixed-rate mortgages

Average US mortgage rates edge up; 30-year at 4.53 percent

  WASHINGTON/ July 12, 2018 — Long-term U.S. mortgage rates edged higher this week, marking their first increase since early June. Mortgage buyer Freddie Mac said Thursday the average rate on 30-year, fixed-rate mortgages ticked up to 4.53 percent from 4.52 percent a week earlier. Despite the decline in recent weeks, long-term loan rates have … Continue reading Average US mortgage rates edge up; 30-year at 4.53 percent

US long-term mortgage rates fall; 30-year at 4.57 percent

WASHINGTON/June 21, 2018 (AP)(STLRealEstate.News) — Long-term U.S. mortgage rates fell this week, marking their third decline in the past four weeks after increasing last week. Mortgage buyer Freddie Mac said Thursday the average rate on 30-year, fixed-rate mortgages was 4.57 percent, down from 4.62 percent last week. By contrast, the 30-year rate averaged 3.90 percent … Continue reading US long-term mortgage rates fall; 30-year at 4.57 percent

US average mortgage rates fall; 30-year at 4.56 percent

WASHINGTON/May 31, 2018 (AP)(STLRealEstate.News) — Long-term U.S. mortgage rates fell this week, breaking a steady climb that pushed them to their highest levels in seven years. Mortgage buyer Freddie Mac says the average rate on 30-year, fixed-rate mortgages was 4.56 percent, down from 4.66 percent last week. Amid the peak home buying season, the average … Continue reading US average mortgage rates fall; 30-year at 4.56 percent

Long-term US mortgage up again as lending standards tighten

WASHINGTON / February 1, 2018 (AP)(STLRealEstate.News) — Long-term U.S. mortgage rates rose for the fourth straight week as lending standards continue to tighten. The rates on 15-year, fixed-rate mortgages and five-year adjustable-rate mortgages hit the highest level since 2011. Mortgage giant Freddie Mac says the rate on 30-year, fixed-rate mortgages averaged 4.22 percent this week, … Continue reading Long-term US mortgage up again as lending standards tighten

US home prices surge 6.2 percent, outpacing wage growth

WASHINGTON /December 26, 2017 (AP)(STL.News) — U.S. home prices climbed a robust 6.2 percent from a year ago, amid strong demand from would-be buyers and a shrinking supply of properties for sale. Standard & Poor’s said Tuesday that its S&P CoreLogic Case-Shiller national home price index stood in October a solid 6 percent above its … Continue reading US home prices surge 6.2 percent, outpacing wage growth