Mortgage Rates Hit Four-Year High

Higher mortgage rates are slowing home sales. For five years in a row, home sales hit record highs as low mortgage rates beckoned buyers. federal reserve chairman Ben Bernanke, speaking in Chicago.

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According to Freddie Mac’s latest Primary Mortgage Market Survey, the 30-year rate rose 3 basis points to 4.46%, marking the highest point since 2014. The result was greater affordability pressure at the start of the traditional spring home buying season. In the year-ago period, it averaged 4.21%.

Mortgage approvals hit four-year high as rates fall and lender confidence improves. The monthly interest rate charged on a two-year fixed rate mortgage with a 75 per cent LTV fell to 3.10 per.

Mortgage Rates Hit New 4-Year Highs Feb 21 2018, 5:35PM Mortgage rates continued higher today following the release of the Minutes from the Federal Reserve’s (aka "The Fed") most recent policy.

up 5 basis points from a week ago to the highest rate in over two years. The 15-year fixed moved to 3.36 percent, also a two-year high and up 2 basis pointsfrom last week. The Mortgage Bankers.

U.S. mortgage rates have hit their highest level since 2014, a new challenge for a housing market that has been central to the economic.

Savers have plenty of high-yield accounts to choose from, but a. The average four-year used car loan rate, he says, could hit 6.4 percent.

Average fixed mortgage rates are moving higher amid positive housing data and pushing fixed mortgage rates to their highest level of the year, according to Freddie Mac. The 30-year fixed-rate mortgage.

he uptrend in mortgage rates continued for the ninth straight week during the week ended mar 8. According to Freddie Mac’s latest Primary Mortgage Market Survey, the 30-year rate rose 3 basis points to 4.46%, marking the highest point since 2014. The result was greater affordability pressure at the start of the traditional spring home.

Mortgage interest rates are now as high as they’ve been in seven years. Despite falling in previous weeks, interest rates reversed course, and rose to the highest level since 2011, according to.

Mortgage Rates Begin Another Week Moving Higher Mortgage Rates: Five Days Of Moving Higher. Mortgage rates have been moving steadily higher for the last five business days; the most recent move higher on Wednesday was motivated in part by investor reaction to stronger economic data including a stronger Retail Sales report and better news associated with inflation stats.Insider Information For Shopping Mortgage Rates Mortgage rates today, June 14, 2018, plus lock recommendations Mortgage rates today, June 4, 2019, plus lock recommendations | Mortgage Rates, Mortgage News and Strategy – The Mortgage Reports As mortgage rates plunge, should you refinance? – Fox BusinessThe interest only loan is back but in a very specific way. There are a few people with relatively high incomes that are using these to their advantage. I decided to run a quick test trial on this to see what it would cost to go with an interest only loan on a $1,000,000 home purchase.

Mortgage rates are on the rise – nearly surging to a four-year high – a trend likely to add additional headaches to the already daunting task of.