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Nearly 5 million homeowners can now save on mortgages

A sharp drop in interest rates last week suddenly made millions more borrowers eligible for a mortgage refinance. With the average rate on the 30-year fixed now close to 4 percent, 4.9 million .....»»

Category: topSource: moneycentralApr 1st, 2019

Nearly 5 million homeowners can now save on mortgages

A sharp drop in interest rates last week suddenly made millions more borrowers eligible for a mortgage refinance. With the average rate on the 30-year fixed now close to 4 percent, 4.9 million .....»»

Category: topSource: moneycentralApr 1st, 2019

Home borrowing costs jump as average US 30-year mortgage rate rises to 4.47%

Mortgage buyer Freddie Mac said Thursday that the average rate on 30-year, fixed-rate mortgages rose to 4.47% from 4.42% last week. This benchmark rate averaged 3.97% a year ago.   .....»»

Category: topSource: usatodayApr 19th, 2018

Average mortgage rates in the US at a 7-year high; 30-year rate hits 4.61%

Long-term U.S. mortgage rates jumped this week, marking their highest levels in seven years amid the peak home buying season. The average rate on 30-year, fixed-rate mortgages was 4.61%.     .....»»

Category: topSource: usatodayMay 17th, 2018

Mortgage Applications Slip Again, Interest Rates Also Make Small Moves

The Mortgage Bankers Association reported Wednesday morning that applications for new mortgages dipped slightly last week. Interest rates on a 30-year fixed-rate mortgage also moved slightly higher......»»

Category: blogSource: 247wallstSep 5th, 2018

Mortgage Applications Rise Slightly, Loan Rates Continue Climbing

Applications for new mortgages rose slightly week over week as mortgage interest rates continue to march higher. According to the Mortgage Bankers Association, a 30-year fixed rate conforming loan........»»

Category: blogSource: 247wallstSep 19th, 2018

U.S. 30-year mortgage rates edge down: Freddie Mac

Interest rates on U.S. 30-year fixed-rate mortgages edged down as longer-dated bond yields had retreated on curve-flattening trades following the Federal Reserve's widely expected rate increase last week, Freddie Mac said on Thursday......»»

Category: topSource: moneycentralOct 4th, 2018

Mortgage Applications Slide, Interest Rate Moves Mixed

Applications for new mortgages dropped by 2.5% last week according to the Mortgage Bankers Association's weekly report. Mortgage interest rates on a 30-year fixed-rate, conventional loan remained........»»

Category: blogSource: 247wallstOct 31st, 2018

Mortgage Applications Continue to Slide, Interest Rates Slightly Higher

Mortgage loan rates mostly made small moves higher last week with the conventional 30-year fixed-rate mortgage averaging 5.05%. Applications for new mortgages continue to fall on both purchases and........»»

Category: blogSource: 247wallstNov 14th, 2018

US Home Mortgage Activity at 2-Month Highs as Loan Costs Fall

US Home Mortgage Activity at 2-Month Highs as Loan Costs Fall Interest rates on 30-year, fixed-rate “conforming” mortgages with balances of $453,100 or less, averaged 5.08% last week, US borrowers filed the .....»»

Category: topSource: livetradingnewsDec 6th, 2018

The stock market can rise another 13% this year even with a dwindling rate-cut outlook, Fundstrat"s Tom Lee says

The S&P 500 could end the year at 5,700 even if the outlook for Fed rate cuts doesn't brighten, Fundstrat's Tom Lee says. Specialist Geoffrey Friedman reacts to the Dow Jones industrials average passing 17,000 on the floor of the New York Stock E.....»»

Category: smallbizSource: nyt2 hr. 2 min. ago

Fed officials cast more doubt on the timing of rate cuts this year

Powell warned earlier this week that rate cuts could be delayed, with h.....»»

Category: personnelSource: nytApr 18th, 2024

Here’s what would happen to the US economy if there are no rate cuts this year

Here’s what would happen to the US economy if there are no rate cuts this year.....»»

Category: topSource: yahooApr 16th, 2024

These 5 global currencies have tumbled this year as delayed rate cuts have supercharged the dollar

The US dollar index is trading at a six-month high as hopes of a Fed rate cut fade, and it's come at the expens.....»»

Category: topSource: businessinsiderApr 16th, 2024

U.S. mortgage rates leap towards 7%

Freddie Mac reports the 30-year fixed mortgage rate averaged 6.88% for the week ending April 11 — up from 6.82% last week......»»

Category: topSource: bizjournalsApr 14th, 2024

Mortgage Rates Continue Edging Toward 7%

The 30-year-fixed-rate mortgage averaged 6.88% this week, marking a second week of increases and continued edging toward 7%, according to the latest Primary Mortgage Market Survey® (PM.....»»

Category: realestateSource: rismediaApr 12th, 2024

Wells Fargo sees inflation taking heavy toll on small-business optimism

Persistent inflation has Wells Fargo and much of Wall Street reining in expectations for interest rate cuts this year......»»

Category: topSource: bizjournalsApr 11th, 2024

Wells Fargo sees inflation taking heavy toll on small business optimism

Rising inflation has Wells Fargo and much of Wall Street reining in their expectations for Fed rate cuts this year......»»

Category: topSource: bizjournalsApr 10th, 2024

After weeks of declines, U.S. mortgage rates reverse course

The 30-year fixed mortgage rate averaged 3% for the week ending May 20 — up from 2.94% last week......»»

Category: topSource: bizjournalsMay 23rd, 2021

Mortgage rates moved lower once again, but don’t expect them to stay down for long

Even though the 30-year fixed-rate average has remained below 3 percent for the past month, the days of low rates appear to be coming to a close......»»

Category: topSource: washpostMay 13th, 2021