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Mortgage Rates On 30year Home Loan Hit 5 Percent A Nearly 8year High | AutoTraffic

Would-be homebuyers chew on rising mortgage rates

What will you do if rates zoom past 5 percent? It's been seven years since rates hit 5 percent ... because waiting could be expensive. On a 30-year mortgage of $200,000, a 3.75-percent home loan means ... read more

Refinancing up as Jumbo Rates hit 5-Year Low

Contract rates were lower or unchanged for all fixed rate products and their effective rates all declined. The average contract interest rate for 30-year fixed-rate mortgages (FRM) with conforming loa... read more

Mortgage applications fall to 4-year low as homebuyers exit housing market

The decline was led by a 5 percent drop-off in purchase applications to a nearly two-year ... increasing prices and rising mortgage rates. The rate on the 30-year fixed-rate mortgage - the most common ... read more

U.S. new home sales hit 5-month low; supply highest since 2009

The 30-year fixed mortgage rate ... Loans in Detroit. At January's sales pace it would take 6.1 months to clear the supply of houses on the market, the most since July 2014 and up from 5.5 months in D... read more

Thirty-year mortgage rates inch back above 5 percent

The average fixed rate for a 30-year mortgage climbed above 5 percent for the first ... usually lead to a decrease in loan applications to purchase or refinance a home. Mortgage applications for purch... read more

Mortgage rates hit a new low: 30-year fixed at 3.87%

A year ago, mortgage borrowers were thrilled to get 30-year mortgages averaging 4.81%. These days they're finding ones nearly a full point lower. The difference in the monthly payments between a 4.81% ... read more

30-year mortgage rates again below 5 percent

Freddie Mac reported that the average rate on the 30-year loan slipped to 4.95 percent from 5 percent. It hit a 40-year low of ... The decline has pushed mortgage rates down from a 10-month high, maki... read more

Average U.S. 30-year mortgage rate edges down to 4.02 percent

The benchmark 30-year rate remained above the key threshold of 4 percent. Mortgage buyer Freddie Mac said Thursday the average rate on 30-year fixed-rate home ... the loan amount. The average fee for ... read more

Jumbo Mortgage Rates Hit 4-Year Lows: 5 Things to Know

As the housing market shows tenuous signs of stabilization, interest rates on mortgages for buyers of large homes have quietly sunk to four-year lows. Rates on 30-year ... the jumbo mortgage market: J... read more

Purchase Mortgage Applications Hit 8-Year High

Mortgage applications continue on the tear they started during the first week of 2018. The Mortgage Bankers Association's (MBA's) Market Composite Index, a measure of loan application volume, increase... read more

U.S. new home sales hit 5-month low; supply highest since 2009

Economists polled by Reuters had forecast new home sales, which account for nearly ... one-tenth of a percentage point to a 1.9 percent annualized rate. The economy grew at a 2.6 percent pace in the f... read more
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