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Fixed mortgage rates rise as variable-rate discounts tighten: Here’s what it means for your next loan or renewalRising fixed rates and tighter variable discounts are changing the mortgage landscape — here’s how to navigate your next move ...
April, 30-year mortgage rates have now ticked higher for four consecutive weeks. That brings them to about their highest level in a year.
US mortgage rates rose for the third week in a row but stayed just under the 7% threshold. The 30-year fixed-rate mortgage averaged 6.96% in the week ending August 10, up from 6.90% the week ...
Adjustable-Rate Mortgages (ARMs): ... In a competitive housing market with high demand, mortgage rates may rise, while rates may decrease in a slower market. Creditworthiness: ...
Freddie Mac’s latest Primary Mortgage Market Survey, released Thursday, showed that the average rate on the benchmark 30-year fixed mortgage jumped to 6.85%, up from last week’s reading of 6.72% ...
Mortgage rates edged further toward 7%, rising for the fifth consecutive week, as the Federal Reserve suggests rate increases will continue amid stubborn inflation. The 30-year fixed-rate ...
Mortgage interest rates today: Rates rise. The current median interest rate is 5.990% for a 30-year fixed-rate mortgage and 5.125% for a 15-year fixed-rate mortgage. Written By .
Home Buying Mortgage rates rise for the fourth week in a row The latest increase is a setback for buyers, as it reduces their purchasing power at a time when home prices remain near record highs.
As mortgage rates rise, here’s exactly how more homebuyers are snagging mortgage rates around 4% There’s been significant uptick in adjustable-rate mortgages. Here’s what to know about them.
Interest rate increases hit homeowners where it hurts most – their monthly budget. While Federal Reserve decisions might seem ...
The average rate on a 30-year mortgage is down from 7.22 percent in May, its peak so far this year. In late September, the average rate got as low as 6.08 percent — its lowest level in two years ...
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