After the big run up the week before, mortgage rates for the week of July 3, 2013, have been giving borrowers a bit of a respite. When the 30-year fixed mortgage rate bellwether hit 4.75 percent earlier, people really went … Continue Reading
Thursday, June 27, 2013, ended with combined mortgage rates dropping from their earlier highs of reaching 4.75 percent for the 30-year fixed mortgage rate average bellwether. The beginning of the week was estimated to continue the climb from Friday, as … Continue Reading
The 30-year fixed mortgage rate average, which acts as the metric of the mortgage market, has clearly resumed its climb above 4.5 percent and peaking 4.575 as of June 27. This is a little bit of a fallback from Tuesday’s … Continue Reading
Federal Reserve Chairman Ben Bernanke’s press statements on June 19 not only made it clear again that the Feds would be unwinding their ongoing purchasing of mortgage-backed securities, it also set off a tidal wave of response in the public … Continue Reading
Prior to today, the 30-year mortgage rate average bellwether has been slipping ever so slightly from its hard position of 4.125 percent from the last two weeks to a slightly lower point of 4.0 percent. The slight drop was due … Continue Reading
The middle of the week of June 14 wasn’t much different from the earlier days when it comes to movement on mortgage rate averages. While the various metrics inched a bit higher in each area, it wasn’t enough to move … Continue Reading
The week of June 12 opened up with a stronger climb into higher territory for mortgage rate averages. With best execution rates being offered on loans now well between 4.08 percent and 4.1 percent, borrowers are likely to be offered … Continue Reading
