Spring has sprung early in this housing market. Buyers, seeing a new trend toward higher interest rates, are rushing in before the first buds appear. Mortgage applications rose 4.5% last week from the.
For the fourth straight week, mortgage rates moved up and are now at a six month high. 30 year fixed rates this week are averaging around 4.61%, up from last week’s rate of 4.46% and 15 year fixed rates rose to 3.96% up from last week’s rate of 3.81%.
Rates Jump Dramatically to Six Month High. facebook. twitter. google+. If you were waiting for mortgage interest rates to go even lower, you may have missed the boat. After staying below 5 percent and near record lows for several months, rates on 30-year fixed rate mortgages surged upward during the latest week, according to data from mortgage.
Mortgage Rates Jump to 7-Year High 30-year fixed-rate mortgage rose for the fifth consecutive week to 4.72%. Freddie Mac (OTCQB: FMCC) reported Thursday that mortgage rates in the past week surged.
Mortgage Rates Jump to 6-Week High. By. up mortgage rates for the third consecutive week and now to their highest level in six weeks. Mortgage rates are 0.82 percent higher than a year ago.
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A strong job market and consumer credit are driving up mortgage rates for the third consecutive week and now to their highest level in six weeks. Mortgage rates are 0.82 percent higher than a year ago-the largest year-over-year increase since May 2014, Freddie Mac reports.
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Mortgage Rates Jump Sharply Higher this Week Mortgage rates are sharply higher this week, following U.S. Treasury yields higher. Average 30 year mortgage rates increased almost 30 basis points since the election. 30 year rates are up from 3.49 percent last week before the election to 3.77 percent today.
· November 10, 2017 Comments Off on Mortgage Rates Jump to 2-Week Highs. Posted To: Mortgage. On Wednesday, mortgage rates were indeed at their best levels in more than 3 weeks. But after 2 days of relatively aprupt weakness, rates quickly find themselves at the highest levels in 2 weeks. Adding to the frustration is the absence of any single.