Tag Archives: ARM

Borrowers Face Higher Mortgage Rates

Daily Real Estate News | Friday, March 17, 2017 For the second consecutive week, mortgage rates were on the rise. “As expected, the [Federal Reserve’s Federal Open Market Committee] announced its first rate hike of 2017 and hinted at additional increases … Continue reading

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Mortgage Rates Move Lower This Week

Daily Real Estate News | Friday, March 03, 2017 Mortgage rates broke a monthlong holding pattern and inched lower this week. “The 10-year Treasury yield remained relatively flat this week, while the 30-year mortgage rate fell 6 basis points to … Continue reading

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Borrowing Costs Move Lower This Week

Daily Real Estate News | Friday, January 13, 2017 Mortgage rates edged down for the second consecutive week, a temporary reprieve from what had been weeks of rising rates. “After absorbing a mixed December jobs report; the 10-year Treasury yield … Continue reading

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Mortgage Rates Drop to 3-Year Lows

Daily Real Estate News | Monday, May 16, 2016 The 30-year fixed-rate mortgage averaged 3.57 percent in the most recent week, the lowest average in three years, Freddie Mac reports in its weekly mortgage market survey. “Disappointing April employment data … Continue reading

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4 Factors Boosting Housing This Month

Daily Real Estate News | Monday, April 18, 2016 Warmer weather across the country is drawing more people to look at open houses and available homes this month, says Jonathan Smoke, realtor.com®’s chief economist. Here are four current housing market … Continue reading

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Mortgage Rates Are Staying Below 4%

Daily Real Estate News | Friday, October 16, 2015 Interest rates may remain lower longer than originally expected. The Federal Reserve released recent comments that suggested it may continue to hold off in raising short-term interest rates and weaker-than-expected consumer … Continue reading

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For 10 Weeks, Mortgage Rates Stay Below 4%

Daily Real Estate News | Friday, October 02, 2015 Thirty-year fixed-rate mortgages continue to hold below 4 percent, often an attractive lure for home buyers and refinancers. “In contrast to the volatility in equity markets, the 10-year Treasury rate — … Continue reading

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Mortgage Rates Sink to New Low in 2014

Daily Real Estate News | Friday, August 22, 2014 Despite predictions that mortgage rates were to inch up in the second half of this year, fixed-rate mortgages continue to tumble. Borrowing costs moved lower this week, as the 30-year fixed-rate … Continue reading

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