Rates for 15-year mortgages continue slow rise from prior lows

Mortgage rates have remained largely unchanged in recent weeks, aside from a gradual rise in rates for 15-year loans. Continue reading

Mortgage rates cap off their most stable month of 2021 so far

Rates for 30-year mortgages barely budged over the last month, even as lenders sifted through new statements from Federal Reserve officials. Continue reading

Healthy jobs report drives up mortgage rates for first time in weeks

During the pandemic, the Federal Reserve has been keeping a lid on interest rates by increasing its holdings of long-term Treasurys and mortgage-backed securities (MBS) by $120 billion a month. Before announcing a timetable for tapering those purchases… Continue reading

August opens with lower mortgage rates as Treasury yields dip

Interest rates on 30-year mortgages fell further as bond markets reacted to the delta variant’s potential impact on the global economy. Continue reading

Near historic lows, mortgage rates see little movement in late July

Mortgage rates held steady near month’s end, with interest rates on 15-year fixed rate loans remaining at all-time lows, according to Freddie Mac’s weekly lender survey. Continue reading

‘Summer swoon’: Mortgage rates dip further in mid-July throughout US

The average interest rate on a 30-year, fixed rate mortgage dipped further this week, according to data from Freddie Mac. Continue reading

Mortgage rates tick back above 3% as economic recovery continues

Freddie Mac’s chief economist said rates could continue to rise during the second half of the year after reaching historic lows in January. Continue reading