Mortgage Rate Articles

Mortgage Rates Held Steady Over The Weekend

U.S. long-term mortgage rates held steady this week for the second straight week , sticking at their lowest levels in nine months after six weeks.

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The correlation there is about twice the percentage-wise gains: NYA and IXIC gain about 3 percent over the same period that MBG and VBMS gain roughly 1.5. Lower mortgage rates are only a bad thing if you’re looking to pay your home off sooner. 15-year rates are consistently lower.

Mortgage Rate Trends: Holding Steady For Now Monday saw mortgage loan interest rates hold steady after the weekend, keeping things more or less where they’ve been since Thursday. That keeps 30-year fixed rate conventional mortgages, best execution, in the 3.75% to 3.875% range we’ve been talking about for three days now.

22, 2018). Right now, the yield on the 10-year Treasury note (the best market indicator of where mortgage rates are going) is up to 2.84%. That’s five basis points higher (one basis point = 0.01) than where it was at the start of the day, and about sixteen basis points above where it started the week.

Mortgage Rates Held Steady Heading Into July 4 Weekend Patrick Barnard July 5, 2019 Leave a comment Mortgage rates were basically flat during the week ended July 3, as the average rate for a 30-year fixed rate mortgage increased slightly to 3.75%, up from 3.73% the previous week, according to Freddie Mac’s primary mortgage market survey .

Mortgage Rundown: March 28, 2019  · After a two-day meeting, the Fed held its benchmark fed funds rate steady between 2.25% and 2.5%.

 · WASHINGTON (AP) – U.S. long-term mortgage rates held steady this week for the second straight week, sticking at their lowest levels in nine months after six weeks of decline.

Adding to the geo-political risk that has contributed to the direction of mortgage rates through the year, is U.S – China trade talks over the weekend and the U.S – North Korea Summit.

Oil prices held steady at $54 a barrel (neutral for mortgage rates, because energy prices play a large role in creating inflation) The yield on 10-year Treasuries edged up to 2.15 percent from 2.

Rising mortgage rates aren’t deterring buyers With mortgage rates expected to rise to 4.5 percent this year, some would assume that buyers would back off from homeownership plans and wait for rates to lower, but only 6 percent of respondents.

Mortgage rates held their ground for the most part. The net effect of today’s reprices brought the day-over-day change to roughly unchanged levels and in some cases, rates moved slightly lower..

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