Mortgage Rates Increase, Applications Decrease in Latest MBA Weekly Survey. The average contract interest rate for 15-year fixed-rate mortgages increased to its highest level since February 2011, 4.31 percent from 4.20 percent, with points increasing to 0.56 from 0.53 (including the origination fee) for 80 percent LTV loans.
"While this spring’s sudden rise in mortgage rates are taking up a good. percent last month, the lowest level since 2000. Wage gains, however, have been tepid. average hourly earnings increased 2.6.
Re-Evaluating Ohio State’s Position Battles After Spring Practice Concludes Our latest series on Scarlet Nation takes a look at how the depth chart is taking shape. Now that spring practice has concluded, the pecking order at all positions across the Rutgers offense is.
Weekly national mortgage survey. After dropping for four weeks in a row, fixed rates have reached their lowest since Bankrate’s Dec. 1 survey, when the benchmark 30-year fixed was 4.71 percent. "There seems to be a lot of forces coming together to keep rates low," says Dan Green of Waterstone Mortgage in Cincinnati.
Mortgage rates level out: The 30-year fixed-rate mortgage (FRM) barely moved as it averaged 3.75% compared to 3.73% the week prior. Compared to a year ago when it averaged 4.5%, the rates continue to provide a greater value proposition for those thinking about entering the real estate market, than it did mid-last year.
· Norms for the lowest score at which it’s possible to borrow for a mortgage vary, but historically borrowers need to produce scores at or above 680 to have decent options. borrowers with scores above 760 are generally in the top tier among borrowers, thus there’s not much point working to boost your score just for the sake of mortgage rates.
Mortgage rates moved higher after remaining at around the same level for about three weeks. The rise in rates was driven by continued improvement in consumer spending and partly due to optimism around a forthcoming cut in short term interest rates, which should provide support for business and investor sentiment.
Growing concerns about weak economic growth and Fed’s indication of delaying rate hikes, plummeted the mortgage rates to the lowest levels in 16 months. Mortgage Banker’s Association (MBA) reported the decline in rates across the board in its latest weekly mortgage applications survey released today. See the results below.
Pocketful of Sunshine for #tgifc206 Color Challenge | Stampin’ Hoot · Happy Monday! Hopefully, summer weather has found it’s way to your part of the country and you are getting to enjoy all the fun that sunny warm days have to offer, whether that is pool parties, popsicles, or picnics (just to name a few of my favorite summer things).
Mortgage Rates Just Barely Higher, But Lower This Week Mar 16 2018, 5:12PM Mortgage rates rose modestly today, but many lenders were essentially unchanged compared to yesterday’s latest offerings.
Per mortgage finance company Freddie Mac’s primary mortgage survey, the average U.S. 30-year fixed-rate mortgage slipped to the lowest level in a year to 4.28% for the week ended Mar 21 from 4.