Freddie Mac: mortgage interest rates rose again last week

The 30-year fixed-rate mortgage averaged 4.20% for the week ending April 25, 2019, slightly up from last week’s rate of 4.17% Notably, this week’s rate is moderately lower than last year’s.

Mortgage rates rose for the first time in 12-weeks in the week ending 31 st January. 30-year fixed rates increased by 1 percentage point to 4.46%, according to figures released by Freddie Mac.

Mortgage Rates Rise for Ninth Straight Week Share This Post Now! Mortgage rates are rising still, with the average, 30-year, fixed rate up for the ninth straight week, according to Freddie Mac’s.

For the second week in a row, mortgage interest rates increased, according to Freddie Mac. The average weekly interest rate for a 30-year fixed-rate mortgage rose to 3.76%, up from 3.69% last week.

Mortgage rates shot up by 19 basis points, which was a major contributor to the widespread decline in the index. Freddie Mac AIMI 2018 Year-end Analysis Over the year, AIMI decreased for the.

Mortgage Activity Will Be Crushed By Rising Rates -Freddie Mac. Following the Taper Talk rate increases, single-family refinance mortgage originations declined 54 percent from 2013 to 2014. This time around, Freddie Mac anticipates a decline of 53 percent from 2016 to 2017. Total mortgage originations will equal $1.5 trillion in 2017, down from $1.7 trillion in the company’s October forecast.

Mortgage rates moved higher after remaining at around the same level for about three weeks. The rise in rates was driven by continued improvement in consumer spending and partly due to optimism around a forthcoming cut in short term interest rates, which should provide support for business and investor sentiment.

Mortgage rates were on the rise for just the 2 nd week in the last 8. In the week ending 3 rd July, 30-year fixed rates rose by 2 basis points to 3.75%, partially reversing an 11 basis point fall.

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Mortgage interest rates have increased for the seventh consecutive week, according to Freddie Mac’s latest Primary Mortgage Market Survey. The 30-year fixed mortgage rate reached 4.40 percent.

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Freddie Mac Forecast - Mortgage Rates in 2019 Mortgage rates climbed yet again after last week’s stronger-than-expected employment data upset markets, mortgage firm Freddie Mac reported Thursday.. Fifteen-year loan rates rose to 7.70.

30-year fixed-rate mortgage (FRM) averaged 4.65 percent with an average 0.5 point for the week ending September 20, 2018, up from last week when it averaged 4.60 percent. A year ago at this time, the 30-year FRM averaged 3.83 percent.

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