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
“Fixed mortgage rates were slightly down as housing starts declined 2.8 percent in October below the upwardly revised September rate,” says Frank Nothaft, vice president and chief economist, Freddie Mac.
“Fixed mortgage rates were slightly down as housing starts declined 2.8 percent in October below the upwardly revised September rate,” says Frank Nothaft, vice president and chief economist, Freddie Mac.
