Tag: Mortgagerates

Posted on 01/10/2022

FYI - Mortgage Rates Higher Than at Any Point in 2021

Mortgage rates have taken a big leap at the start of the new year. In the first week of 2022, the 30-year fixed-rate mortgage jumped nearly 60 basis points higher than a year earlier, averaging 3.22% this week, Freddie Mac reports. “Mortgage rates increased during the first week of 2022 to the highest level since May 2020 and...

Interestrates

Inflation

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Posted on 03/17/2021

Mortgage Rate Update

Based on data compiled by Credible Operations, Inc., current mortgage refinance rates have risen compared to yesterday’s. Average 30-year refinance rates topped 3.250%, the highest seen since May 2020, while 15-and 10-year mortgages continue to hover near record lows. 30-year fixed-rate refinance: 3.250%, Up from 3.125%, +0.125 20-year fixed-rate refinance: 2.875%, Down from 3.000%, -0.125 15-year fixed-rate refinance: 2.500%,...

Refinance

Getaloan

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Posted on 01/27/2021

Relationship between Mortgage Rates vs Federal funds Rate

Posted on 06/15/2020

From HousingWire.com: Applications for purchase mortgages gained for the eighth consecutive week to a level that was 13% higher than a year ago as states continue to reopen across the country according to a report by the Mortgage Bankers Association.A seasonally adjusted index measuring purchase applications jumped 5% last week. For the first time in two months refinancings gained...

Posted on 10/24/2019

Mortgage rates increased for the third straight week — but still remain very low compared to a year ago. The 30-year fixed-rate mortgage averaged 3.75% during the week ending Oct. 24, up six basis points from the previous week, The 15-year fixed-rate mortgage increased three basis points to an average of 3.18%. The 5/1 adjustable-rate mortgage averaged 3.4%, up...

Mortgageupdate

Mortgagerates

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