Long-Term Mortgage Rates

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

Road to homeownership gets rockier this spring as rates rise

LOS ANGELES/April 18, 2018 (AP)(STLRealEstate.News) — Higher mortgage rates are making the already challenging task of buying an affordable home even tougher for many Americans this spring. In metro areas such as Denver, buyers are rushing to close a deal before mortgage rates get too high. In Dallas, some are embracing longer commutes to find … Continue reading Road to homeownership gets rockier this spring as rates rise

US long-term mortgage rates rise for 2nd week, to 3.91 pct.

WASHINGTON/October 12, 2017 (AP)(StlRealEstate.News) — Long-term mortgage rates rose for a second straight week as the average 30-year fixed mortgage rate increased to 3.91 percent, from 3.85 percent a week ago. Mortgage buyer Freddie Mac says the 15-year home loan, frequently used by homeowners who refinanced their mortgages, also jumped, rising to 3.21 percent, from 3.15 … Continue reading US long-term mortgage rates rise for 2nd week, to 3.91 pct.

US mortgage rates blip higher

WASHINGTON/June 15, 2017 (AP) (StlRealEstate.News) — Long-term U.S. mortgage rates edged up this week as the benchmark 30-year rate bounced back from a seven-month low. Mortgage buyer Freddie Mac said Thursday that the average 30-year, fixed-rate mortgage rose to 3.91 this week from 3.89 percent last week. The rate stood at 3.54 percent a year ago … Continue reading US mortgage rates blip higher

Long-term mortgage rates fall

Long-term mortgage rates fall adding economic fuel to the economy April 2, 2017 (AP)(STLRealEstate.News) Long-term U.S. mortgage rates fell this week for a second straight week, slipping further from their highest levels of the year reached two weeks ago. Current avg Last week 52-week high 52-week low 30-year fixed – 4.14 percent – 4.23 percent … Continue reading Long-term mortgage rates fall