FHFA: Mortgage rates continue to climb

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Sam Khater, Freddie Mac’s chief economist, says, "Despite the recent rise in mortgage rates, both existing and new home sales continue to show strength – indicating the lagged effect of lower.

Mortgage Rates Weekly Update February 24 2019 “Following several weeks of already elevated refinance activity due to falling interest rates, FHA refinance applications increased 76.5% in response to a reduction in annual mortgage insurance.

30-year fixed-rate mortgage (FRM) averaged 4.20 percent with an average 0.5 point for the week ending April 25, 2019, up from last week when it averaged 4.17 percent. A year ago at this time, the.

MCLEAN, Apr 25, 2019 (GLOBE NEWSWIRE via COMTEX) — Freddie Mac (otcqb:FMCC) today released the results of its Primary Mortgage market survey (pmms), showing that fixed mortgage rates posted a.

The FHFA reported that mortgage contract rates on purchases of newly built homes rose 11 basis points to 4.44 percent over the month of April. Since reaching 3.93 percent in October 2017, mortgage rates on newly built homes have climbed 51 basis points.

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Sam Khater, Freddie Mac’s chief economist, says, "Despite the recent rise in mortgage rates, both existing and new home sales continue to show strength – indicating the lagged effect of lower rates on housing demand. This, along with improved affordability, should push housing activity higher in the coming months." News Facts

Short-term interest rates will keep moving up in 2019. Mortgage rates — which have begun to decline — will likely climb as well before tapering off. Savers have plenty of high-yield accounts to.

Bankrate: Mortgage Rates Continue to Climb. Mortgage rates increased again this week, with the average 30-year fixed rate rising to 6.32 percent. According to Bankrate.com’s weekly national survey of large lenders, the 30-year fixed rate mortgages had an average of 0.34 discount and origination points. The average 15-year fixed rate mortgage.

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Why Home Prices Continue to Climb Market Realist By Brent Nyitray, CFA, MBA31 minutes ago House Prices Are Rising, Says the FHFA Prices continue to climb In March 2016, the FHFA (Federal Housing Finance Agency) reported that home prices rose 0.7% month-over-month and 5.5% year-over-year.

Contract interest rates are also shifting according to a new report.. Mortgage Apps Continue to Climb. in Daily Dose, Featured, On the Federal Housing Administration (FHA) front, the FHA.

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