Mortgage rates jump to a six-week high

The rate on 30-year loan soared from 3.93 percent last week to 4.46 percent this week – the biggest one-week jump in 26 years. The effect on buyers’ wallets in just the past two months is striking.

 · The jump: Thirty-year fixed mortgage rates had been holding in the 5 percent range since mid March, averaging 5.03 percent on Tuesday, May 26. But rates.

U.S. mortgage rates jumped this week to the highest level in almost eight years, a trend that is pulling down home sales and slowing home price growth. Mortgage buyer freddie mac said Thursday that the average rate on a 30-year, fixed rate mortgage rose to 4.94 percent, from 4.83 percent last week.

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CHICAGO (MarketWatch) – Mortgage rates climbed this week with the average rate on the 30-year fixed-rate mortgage at its highest since the end of June, according to Freddie Mac’s weekly survey of conforming mortgages, released on Thursday. Rates on the 30-year mortgage averaged 4.61% for the week ending Dec. 9, up from 4.46% last week.

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Mortgage rates are starting to. the loan amount and are in addition to the interest rate.) It was 4.08 percent a week ago and 4.42 percent a year ago. The 15-year fixed-rate average also moved.

During the week ended September 13, 2018, the average rate on a 30-year fixed-rate conventional mortgage jumped to 4.60% with an average 0.5 point, a six-week high and up from 4.54% the week before. Compared with a year ago, the rate is up significantly from 3.78%.

Mortgage rates jump to a six-week high Oscar Contents Hovnanian american mortgage review. 30-year fixed-rate mortgage 30-year mortgage averaged 4.61% election. 30 year rates week ended nov. 11.

Mortgage rates jumped abruptly higher today for many lenders after reports of an informal show of hands in favor of John Taylor as Trump’s potential Fed Chair nominee. Taylor is one of two.

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Mortgage Rates Jump to 6-Week High. By. up mortgage rates for the third consecutive week and now to their highest level in six weeks. Mortgage rates are 0.82 percent higher than a year ago.

"Treasury yields and mortgage rates have been level to slightly higher since the Fed meeting. leading to a 3% weekly increase in refinances and a 92% jump year-over-year," said Bob Broeksmit, MBA.