Mortgage Rates Improve For Third Straight Day

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Treasuries and MBS (the mortgage-backed securities that most directly influence lenders’ rates) both weakened and stocks advanced on statements from Spain regarding their plans to reign in spending.

 · New-home sales increased 4.5 per cent to a seasonally adjusted annual rate of 692,000 units last month, the highest level since November, 2017.

The yield on ten-year Treasuries rose for the third straight day. It went up three basis points (3/100ths of one percent) to 2.20 percent (bad for rates, because mortgage rates tend to move in the.

mortgage rates today are driven by movements in financial markets worldwide. When the economy heats up, bond price drop, and rates increase. When the economy pulls back, interest rates tend to fall.

The yield on the 10-year note was 2.48% late wednesday, down. point lower than a year earlier, a potential boost to home sales.Mortgage rates surged lower today, falling at the fastest single-day pace in more than a year.

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WASHINGTON (AP) – Average long-term U.S. mortgage rates rose this week for the third straight week. Long-term rates have. The Associated Press The Seattle Times does not append comment threads to.

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Get started. If the down payment is less than 20%, mortgage insurance may be required, which could increase the monthly payment and the APR. Conforming rates are for loan amounts not exceeding $453,100 ($679,650 in Alaska and Hawaii). Adjustable-rate loans and rates are subject to.

Mortgage rates rose for this week for the third consecutive week, according to new data released by Freddie Mac. At 3.85%, the average rate for 30-year fixed-rate mortgages finished the week just.

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