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U.S. mortgage rates rise for 3rd week in a row

bizjournals Monday, 4 November 2019 ()
U.S. mortgage rates have risen for third week in a row, according to Freddie Mac. The 30-year fixed mortgage averaged 3.78 percent for the week ending Oct. 31 — an increase from 3.75 percent last week. A year ago, mortgage rates stood at 4.83 percent. Low mortgage rates help propel U.S. home sales and the refinance market. “This week marks the third consecutive week of rate increases, which hasn’t happened since April of this year. That said, purchase activity continues to show strength,…
Credit: Wochit News - Published < > Embed
News video: 4 Key Things To Do With Your Money After The Fed's Interest Rate Cut

4 Key Things To Do With Your Money After The Fed's Interest Rate Cut 00:34

The Federal Reserve slashed interest rates yet again on October 30, in the third rate cut since late July. To take advantage of the low Fed funds rate, consider consolidating credit-card debt. It's also a great time to think about refinancing those onerous student loans. And despite lower interest...

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Seattle Times Also reported by •SeattlePI.comHousingWirebizjournals

Tweets about this


Mortgage Professional America Magazine Refinance and purchase mortgage applications diverged last week as volatility in mortgage rates continued but ultim… https://t.co/dc1Qr7meO4 3 days ago


Michael D Steller What should a borrower do with rising rates? https://t.co/6U4PJzXiCw https://t.co/9lqQmzQWyN 4 days ago


WCAR Even with an increase Mortgage Rates are low. https://t.co/MscDciVWvg 5 days ago


Bill Gassett RT @GloriaChuFLRltr: RT @DavidLVRealtor: Mortgage Rates Rise Again This Week https://t.co/HWof8b6BTG 5 days ago


Dayton Biz Journal The 30-year fixed mortgage averaged 3.78 percent for the week ending Oct. 31 https://t.co/AAJnsA0HiM 6 days ago


Tammy Henderson Don't wait until it is too late. Tammy Henderson Berkshire Hathaway Arizona Properties 602-421-1469 arizonarealest… https://t.co/aEKg6Ddtwa 6 days ago


Tammy Henderson Mortgage Rates Have Risen for a 3rd Straight Week. What Should a Borrower Do? https://t.co/9TrlqKM9iy 6 days ago


Carl A. Self Freddie Mac: Mortgage Rates Rise for the Third Consecutive Week https://t.co/3WKi6PSYSv https://t.co/8uhCR47u4f 6 days ago

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