Mortgage Rates Near Highest Levels in More Than 2 Months

Bankrate aggregates rate information from over 4,800 institutions on more than 300 financial products. With coverage of over 600 local markets, Bankrate generates rate tables in all 50 U.S. states.

Mortgage rates continued to hold steady this week, with the average rate for a 30-year fixed rate mortgage flat at 3.75%, according to Freddie Mac’s primary mortgage market survey.. A year ago at this time, the average rate for a 30-year was 4.53%.

 · The more pervasive demographic challenge to home-ownership rates – now below 64%, vs. more than 69% in 2004 – is posed by ‘echo boomers’, in their 20’s and 30’s.

Mortgage Rates are at the Highest Level in 7 Weeks. Last week mortgage rates edged up to the highest levels in last 7 weeks. However, it’s still lower than where we started at the beginning of this year. Here is what Freddie Mac reported in its latest primary mortgage market Survey. [read more]

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More than half of all Americans (54%) also say financial management would be easier if they just had more money. Across all income levels, having more money was the most frequently cited solution.

Mortgage Rates Rise to the Highest Level in Two Months. After reaching historically low rates in early May 2013, mortgage rates have been rising every week. After eighth consecutive week of increase, mortgage rates are now at the highest level since July 2011. [read more]

May mortgage performance. prepayments among fixed-rate loans have hewed close to the overall market average, rising by more than two times over the past four months. However, ARM prepayment rates.

NEW YORK (CNNMoney) – The 30-year mortgage rate rose to its highest level in nearly two. more than half a percentage point was blamed on hints by chairman Ben Bernanke that the Fed would soon start.

Mortgage Rates at the highest levels in 10 months – Over 5% Now February 13, 2011 Shashank Shekhar 30 year fixed, 15 Year Fixed and 5/1 ARM California Mortgage Interest Rates continue to rise.According to freddie mac primary mortgage Market Survey both long- and short-term mortgage rates rose last week too.

 · The average commitment rate for a 30-year, conventional fixed-rate mortgage surged in December to 4.20 percent from 3.77 percent in November, according to Freddie Mac. December’s average commitment rate was the highest rate since April 2014 (4.32 percent).