Mortgage rates jump to a six-week high

Long-term U.S. mortgage interest rates rose to their highest level since the beginning of August, according to Freddie Mac. 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.

Mortgage rates are sharply higher this week, following U.S. Treasury yields higher. Average 30 year mortgage rates increased almost 30 basis points since the election. 30 year rates are up from 3.49 percent last week before the election to 3.77 percent today.. During the same time period, 10 year Treasury yields have risen from 1.80 percent to 2.10 percent.

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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.

Fed Chair talks trade uncertainty and signals it may cut interest rates if necessary The benchmark 30-year fixed-rate mortgage fell this week to 4.20 percent from 4.27 percent a week ago, according to Bankrate’s weekly survey of large lenders. It’s the lowest the 30-year fixed.

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Mortgage interest rates are. with the same week one year ago. Falling rates were likely behind a sizable jump in loan applications to purchase a home. They rose 4 percent for the week and were 2.

NEW YORK, Oct. 13, 2016 /PRNewswire/ — Mortgage rates continued their move higher this week with the benchmark 30-year fixed mortgage rate rising to 3.62 percent, according to Bankrate.com’s.

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FHFA launches resources for lenders serving Spanish-speaking borrowers Mortgage Translations Clearinghouse Launched to Help. – WASHINGTON, Oct. 15, 2018 – The federal housing finance agency (fhfa), Freddie Mac (OTCQB:FMCC), and fannie mae (fnma/otc) together announce the launch of Mortgage Translations – a centralized clearinghouse of online resources to assist lenders, servicers, housing counselors, and other real estate professionals in serving limited English proficient (LEP) borrowers.

(Adds details on latest mortgage rates) NEW YORK, Nov 17 (Reuters) – U.S. mortgage rates jumped to their highest in about 10 months, in line with a surge in U.S. Treasury yields driven by the global bond market rout following Donald Trump’s surprise U.S. presidential win, mortgage finance agency freddie mac said on Thursday.