Mortgage rates jump to a six-week high

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NEW YORK, Oct. 13, 2016 /PRNewswire/ — Mortgage rates continued their move higher this week with the benchmark 30-year fixed mortgage rate rising to 3.62. Bankrate: Mortgage Rates Jump to 4.

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Freddie Mac reports the following national averages with mortgages rates for the week ending Sept. 13: 30-year fixed-rate mortgages: averaged 4.60 percent, with an average 0.5 point, up from last.

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Mortgage Rates Jump to 7-Year High 30-year fixed-rate mortgage rose for the fifth consecutive week to 4.72%. Freddie Mac (OTCQB: FMCC) reported Thursday that mortgage rates in the past week surged.

Home prices in 20 U.S. cities increase by most since 2014 About 35% of global reserves are in China, the most. U.S. national home price index. That is the slowest pace since August 2015. The 10-city composite annual increase came in at 3.8 percent, down.

To put it in perspective, a 5% fixed mortgage rate is pretty attractive historically, even if it’s a percentage or so higher than today’s mortgage rate. Consider the monthly payment on a $300,000 loan amount: End of 2017 payment: ,432.25 2018 payment: $1,537.93 2019 payment: $1,610.46 2020 payment: $1,665.91

Lenders are increasing their appetite for at least slightly riskier applicants – people with lower credit scores, higher. mortgage” loans that allow borrowers more generous terms than permissible.

Mortgage Rates Jump to Highest Levels in About a Month Apr 19 2018, 4:35PM Mortgage rates jumped higher today as bonds continued a move away from narrow Springtime range seen in March and early April.

A blog keeping you up to date on current mortgage rates and market. Mortgage Rates Jump to 2-Week Highs.. Mortgage rates fell again today as mortgage lenders got caught up with yesterday’s.

Mortgage rates this week. A year ago, it was 4.02 percent. Four weeks ago, the rate was 4.71 percent. The 30-year fixed-rate average for this week is 0.14 percentage points below the 52-week high of 4.80 percent, and is 0.71 percentage points higher than the 52-week low of 3.95 percent.

Housing starts fall more than expected, permits steady

Mortgage rates climbed this week with the average rate on the 30-year fixed-rate mortgage at its highest since the end of June, according to Freddie Mac’s weekly survey of conforming mortgages, released on Thursday. Rates on the 30-year mortgage averaged 4.61% for the week ending Dec. 9, up from 4.