Mortgage News
Nov 26, 2019
Average mortgage rates increased yesterday, as predicted. At first, it was sharper than we had initially expected and it pushed the average up to its highest level this month. Fortunately, it's still low by most standards....
Oct 09, 2019
Mortgage applications to purchase a home decreased by 1% from last week. However, they are still 10% higher than they were this week last year. Bookmark this page for mortgage rates....
Oct 07, 2019
Mortgage rates have been inching lower and lower over the past several weeks. Today showed little movement to that end, suggesting that we may start seeing them creep up again. Bookmark this page for mortgage rates....
Oct 04, 2019
Labor markets and consumer confidence continue to be resilient despite cracks in market that suggest impending recession.Bookmark this page for mortgage rates. • 30-year (FRM) rates...
Oct 02, 2019
Yesterday started off looking bleak, but ended with average mortgage rates falling by a notable amount. While watchful of the US-China trade dispute, mortgage rates today look as if they are likely to fall once more....
Oct 01, 2019
Rates of appreciation steadily declining and appear to be holding steady due to lower interest rates, making it a great environment for buyers. Bookmark this page for mortgage rates. • 30-year (FRM) rates at 3.72% (-0.03%)...
Sep 27, 2019
Mortgage rates heald steady this week; hoevering at or below mortgage rates on 9/18. Bookmark this page for mortgage rates: • 30-year (FRM) rates at 3.75%(0.00%)• 15-year (FRM) rates at 3.39% (0.00%)• FHA 30-year Fixed rates at 3.44% (-0.01%)• Jumbo 30-year Fixed rates at 3.75% (-0.01%)• 5/1 ARM rates at 3.40% (+0.01%)...
Sep 23, 2019
New home buyers remain optimistic that now is the best time to buy. This news comes from NAR, National Association of Realtors, 3rd QTR Housing Opportunities and Market Experience survey. NAR surveyed a random sample of 900 U.S. households each month by phone during Q-3, 2019. The compiled data resulted in 2,705 household responses. Bookmark this page for mortgage rates: •...
Sep 20, 2019
The Origination Insight Report that Ellie Mae puts out reported 30-yr mortgage rates closed in August, on average, closed at 4.07%. This is the 8th consecutive month for the drop in 30-yr rates. July’s average is 4.18% Bookmark this page for mortgage rates: • 30-year (FRM) rates at 3.79% (+0.02%)• 15-year (FRM) rates at 3.45% (0.00%)• FHA 30-y...
Sep 18, 2019
Most of us analysts have been confident in past indications, FED announcements do not always determine mortgage rate cuts. In today's FED announcement, the conclusion was true. Mortgage rates jumped higher today for 15-year mortgage rates; jumping nearly 1%, reaching all times highest. Bookmark this page for mortgage rates: • 30-year (FRM) rates at 3.80% (-0.02%)...
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Lisa Stepp
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