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U.S. mortgage rates reverse course and rise

bizjournals Monday, 19 June 2017 ()
After weeks of declines, U.S. mortgages rates rose this week, according to Freddie Mac. The 30-year fixed mortgage averaged 3.91 percent for the week ending June 15, up from 3.89 percent the previous week. A year ago, mortgage rates stood at 3.54 percent. Favorable mortgage rates have helped propel U.S. home sales and the refinance market. “The 30-year mortgage rate rose 2 basis points over the week to 3.91 percent,” said Sean Becketti, chief economist at Freddie Mac. “However, our survey…
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Source: Wochit Business - < > Embed

News video: US Federal Reserve Raises Interest Rates

US Federal Reserve Raises Interest Rates 00:45

On Wednesday, the US Federal Reserve raised interest rates for the second time in three months. In a statement, the Reserve cited continued economic growth and job market strength in the US as the main reasons. The reserve went on to announce that it would begin cutting its holdings of bonds and...

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kieronquane Last winter, projections were all about increasing mortgage rates. Reality has rates still at a strong, low... https://t.co/3WUnk9CoQw 2 hours ago

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RutherfordRealtyGrp Earlier interest rate predictions were off! Check out what the rates look like now. https://t.co/z3jE9GYG21… https://t.co/HzmRgDkblu 3 hours ago

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TOPTEN New Homes U.S. mortgage rates reverse course and rise https://t.co/JQUhKegG1B #Miami Valley #DaytonArea 9 hours ago

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Bill Crouch Mortgage Interest Rates Reverse Course in 2017 https://t.co/7HI9nke4D1 1 day ago

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Rob McIntosh Mortgage Interest Rates Reverse Course in 2017 No one knows for sure where interest rates will be in six months.… https://t.co/QHCM8KmKBV 1 day ago

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Linda Baughman Mortgage Interest Rates Reverse Course in 2017 https://t.co/Ms4r3fhyuh https://t.co/MIdHzCELOW 1 day ago

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