Mortgage Rates Destroyed (Relatively) by Another Strong Jobs Report
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Mortgage Rates Jump on Jobs Report Mortgage rates are up significantly the past few days, spurred in large part by Friday’s employment report showing the U.S. economy added 236,000 in February. As of today, the average rate on 30-year fixed-rate mortgages is at 3.75 percent according to loan data reported to MortgageLoan.com, up from 3.62.
Thirty-year fixed mortgage rates are higher Monday, 15-year fixed home loans are also up, as are 5/1 ARMs, according to a NerdWallet survey of lenders.. Rising After Strong Jobs Report. Hal M.
Mortgage rates dip after a weak jobs report. Mortgage rates retreated this week after weaker-than-expected employment data. According to the latest data released Thursday by Freddie Mac, the 30-year fixed-rate average slipped to 4.59 percent with an average 0.5 point. (Points are fees paid to a lender equal to 1 percent of the loan amount.).
2019 Real estate market forecast: Power shifts to buyers and favor has started to shift from seller to buyer. Will these trends continue? Will housing experience the same wild ride in the new year? Here’s what experts predict will happen in 2019 real estate.
Mortgage rates inched higher in the week ending Thursday, Dec. 10, as a strong November jobs report heightened expectation of a federal interest rate hike, according to the latest report from Freddie Mac. The average rate on the 30-year fixed-rate mortgage rose in the last week, finishing slightly higher than this time last year. Additionally, rates for the 15-year fixed-rate mortgage were averaging higher than the previous week.
As the state’s economy picks up, potential buyers will be able to take advantage of lower interest rates, which combined with.
U.S mortgage rates were down again as the U.S and China prepared to resume talks on trade amidst the threat of a hike in tariffs. U.S Mortgages – Down Again as Trade War Jitters Test Risk.
At the same time, the the average overall 30-year fixed mortgage rate rose from about 5.29% to 5.41%, a rise of only 12 basis points. Over time, there are any number of examples where Treasury yields have risen faster than mortgage rates, as well as times when mortgage rates rose faster than Treasury yields.
· As it turns out, the Federal Reserve is more or less happy with where interest rates are right now, and the strong June jobs report If You Like Gold Stocks Now, Don’t Sweat the.