Mortgage rates rise for second consecutive week

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.

Slowdown in housing market is helping landlords raise rents Economists expect that to cause rental prices to increase within the next year or so, depending on how much supply comes onto the market in the meantime.. A housing-market slowdown could be bad.

Mortgage rates moved upward for a second consecutive week, with the average rate for a 30-year fixed-rate mortgage at 4.54%, up from 4.52% the previous week, according to Freddie Mac’s primary mortgage market Survey. A year ago at this time, the 30-year fixed-rate mortgage averaged 3.78%.

Mortgage rates increased for a fourth straight week, with the average rate for a 30-year loan at 4.22%, up from 4.15% the previous week, according to Freddie Mac’s Primary Mortgage Market Survey. A year ago at this time, the 30-year FRM averaged 4.19%.

 · Mortgage rates fell for a 4 th consecutive week in the week ending 23 rd May. 30-year fixed rates fell by 1 basis point following on from a 3 basis point fall from the previous week.

Mortgage Rates Rise for Third Consecutive Week. Freddie Mac released the results of its Primary Mortgage Market Survey ® (PMMS ®) showing average fixed mortgage rates moving higher amid solid housing data on new home sales and house price appreciation.Regardless, fixed rate mortgage rates still remain near their late May, 2013 lows.

Mortgage rates decreased significantly for the second consecutive week as the Treasury yield remained flat. “Despite recent mortgage rate fluctuation, new home sales far exceeded expectations in.

Average mortgage rates hold steady amid global trade disputes The Fed held its benchmark interest rate steady. Chairman Jerome Powell said. Financial markets have seen major swings in recent months amid renewed fears of slowing global growth and ongoing trade.

 · Long-term U.S. mortgage rates are up for the fourth consecutive week, with the key 30-year rate reaching its highest level since May. Costs for would-be homebuyers continue to climb. Mortgage.

30-year fixed mortgage rates Rise for Second Consecutive Week. The 30-year fixed mortgage rate spiked to 4.22 percent on Wednesday and hovered between 4.23 and 4.28 percent for the majority of the week before dropping to the current rate this morning. "Rates inched higher last week, and this week will bring more movement as a lot.

Thomas H. Lee to sell part of its Black Knight investment HomeStreet scales down mortgage originations, takes 1Q profit loss Flagstar Bancorp swung to a fourth-quarter loss as the Troy, Mich., company took an million noncash charge to earnings because of the tax reform bill. For the quarter, Flagstar lost million, compared with net earnings of $40 million in the third quarter and $28 million in the fourth quarter.

Freddie Mac: Mortgage Interest Rates Are Back On The Rise – Mortgage interest rates increased for a second consecutive week, with the average rate for a 30-year, fixed-rate mortgage (FRM) hitting 3.52%, up from 3.47%, according to Freddie Mac’s Primary.

The 30-year fixed-rate mortgage averaged 3.99% in the May 30 week, down from 4.06%, Freddie Mac said Thursday. That marked a.