Mortgage Interest Rates This Week

Mortgage interest rates forecast, plus housing and real estate predictions from experts. Find out what top analysts are saying about mortgage and real estate.

The average 30-year fixed mortgage rate rose 7 basis points to 3.96% from 3.89% a week ago. 15-year fixed mortgage rates rose 10 basis points to 3.32% from 3.22% a week ago. Additional mortgage.

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WASHINGTON (AP) – Mortgage rates slipped this week from the highest level since July and remain at historically low levels that are helping would-be purchasers to buy homes. Mortgage giant Freddie Mac.

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The modest uptick in mortgage rates over the last two months reflects declining recession fears and a more sanguine outlook for the global economy. Due to the improved economic outlook, purchase mortgage applications rose fifteen percent over the same week a year ago, the second highest weekly increase in the last two years.

What Is A Jumbo Rate The rates on jumbo mortgages fluctuate and may be higher or lower than the conforming mortgage rate. Recently, a 30-year jumbo rate was 4.62 percent, 8 basis points lower than a conventional 30-year fixed rate of 4.71 percent. Jumbo loans are a convenient way to finance property.

Mortgage applications to purchase a home, which are less rate-sensitive week to week, decreased 1% from one week earlier but were 10% higher than the same week one year ago.

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Fixed Rate Home Mortgages Mortgage rates rose on a weekly basis for the second week in a row, potentially threatening to put a damper on home sales just as the real-estate market’s outlook was brightening. The 30-year.

As if often the case on Thursdays, there is a major discrepancy between much of today’s mortgage rate news and what I’m telling you here. Specifically, whereas I’m telling you rates are lower today.

. mortgage applications rose 15% over the same week a year ago, the second highest weekly increase in the last two years.”.

After three weeks of increases, mortgage rates fell back this week – but. equal to 1 percent of the loan amount and are in addition to the interest rate.) It was 3.78 percent a week ago and 4.94.

The interest rates of the other two main types of mortgage loans also saw declines this week, but they didn’t break historic records. The 15-year fixed rate mortgage loan landed at 2.95 percent-a slight drop from last week’s 2.98 percent. The 1-year adjustable mortgage loan also fell slightly, landing at.