On the topic of borrowing rates, Yun foresees the U.S. to start slowly entering a rising interest rate environment in coming months, with the Federal Reserve increasing short-term rates in December, and then again in March. He expects mortgage rates gradually moving upward towards 4.5 percent by the end of 2016.
The 30-year mortgage rate climbed 6 basis points to 3.82 percent, marking 12 consecutive weeks below 4 percent. Late-breaking news suggests mortgage rates may remain in this territory a while longer.
The 30-year mortgage rate climbed 6 basis points to 3.82 percent, marking 12 consecutive weeks below 4 percent. Late-breaking news suggests mortgage rates may remain in this territory a while longer.
Mortgage rates were unchanged for the week, Treasury rates were down sharply early in the week due to the global stock market rout and this led to a significant increase in application volume
Mortgage rates were unchanged for the week, Treasury rates were down sharply early in the week due to the global stock market rout and this led to a significant increase in application volume
You are entitled to one free credit report from each of the three major credit bureaus each year by law. In some states, you are entitled to more than one free report a year.
