Mortgage rates rise for second consecutive week

Second. well with movement in longer term rates like 10yr Treasury yields and mortgages. Markets think the Fed stands a very good chance to cut rates by July–a viewpoint that has just come into.

Mortgage REITs Are Kicking Butt Since the Fed Started Raising Rates – If rates don’t rise rapidly, it should give mREITs a chance to adjust their mortgage-backed security portfolios and leverage to more optimally benefit when rates do rise. Second. should be in the.

Mortgage rates were expected to rise again this week because 10 year bond yields rose 7 basis points. Average 30 year mortgage rates increased to 3.79 percent, up from the prior week’s average rate of 3.76 percent.

The rise in mortgage rates tracks a 3 basis point uptick in the benchmark 10-year Treasury yield to 2.89 per cent over the week.

Mortgage interest rates have now risen for the fourth consecutive week, according to the latest Freddie Mac Primary Mortgage Market Survey. The 30-year fixed-rate mortgage averaged 4.2% for the.

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Mortgage interest rates have now risen for the fourth consecutive week, according to the latest Freddie Mac Primary Mortgage Market Survey. The 30-year fixed-rate mortgage averaged 4.20% for the week ending April 25, 2019, slightly up from last week’s rate of 4.17%. Notably, this week’s rate is moderately lower than last year’s rate of 4.58%.

Housing starts decline to two-year low in December By Lucia Mutikani. WASHINGTON (Reuters) – U.S. homebuilding tumbled to a more than two-year low in December as construction of both single and multi-family housing declined, the latest indication that the economy lost momentum in the fourth quarter.

Falling Mortgage Rates Spur Application Frenzy – WSJ – Rates for 30-year fixed mortgages have fallen below 4% in recent. down year- over-year for many consecutive months, will turn positive in the. a program that charged higher interest in lieu of paying for mortgage insurance.

 · The decline in mortgage rates combined with the rise in stock prices is helping resurrect existing home sales by a modest degree, but home prices are rising too, which can be a headwind.

Mortgage rates were on the rise in the week ending 6 th September, a second consecutive week of gains coming off the back of 3 consecutive weeks of decline.

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30-Year Fixed Mortgage Rates Decline for Second Consecutive Week 07/29/2013 06:03:11 PM MDT Mortgage rates for 30-year fixed mortgages fell this week, with the current rate borrowers were quoted on Zillow Mortgage Marketplace at 4.20 percent, down from 4.26 percent at this same time last week.