Mortgage rates see fourth straight increase. What does this mean?
The uptick in the cost of home loans reflects a rise in the bond yields that lenders use as a guide to price mortgages, specifically the yield on the US 10-year Treasury. The yield on the 10-year Treasury has climbed from 3.62 percent in mid-September to 4.66% this week.
Mortgage Refinance Rates on the Rise, Again Nearing a 5-Month High
Rates on 30-year mortgage refinance loans edged up another 3 basis points Monday, pushing the average up to 7.15%. That's just 4 basis points under the 7.19% reading notched on Dec. 24, which was the most expensive level for 30-year refi rates since late July.
The current average mortgage rate on a 30-year fixed mortgage is 7.34%, compared to 7.29% a week earlier, according to ...
“Even by the end of next year, it’s hard to see sub 6 percent mortgage rates,” said Mark Fleming, chief economist at First ...
These are today's mortgage and refinance rates. Mortgage rates have been elevated this month, but they may still trend down ...
For the third day in a row, 30-year new mortgage rates held just below an unwelcome threshold. Meanwhile, rate movement was mixed for other loan types.
Borrowing costs have been rising for months, tracking yields on government bonds. The move threatens to push more buyers and sellers to the sidelines.
The mortgage rate environment has undergone significant shifts in recent years, though, making it more difficult to determine ...
These are today's mortgage and refinance rates. Mortgage rates are flat, but incoming job market and inflation data could ...
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