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News stories about Mortgage rates

 
Jun 13, 2018  14:20 ET
The Fed raises rates at June meeting
As widely expected, the Federal Reserve raised short-term interest rates for the second time this year. Following a two-day meeting, Fed policymakers on the Federal Open Market Committee ...
Jun 7, 2018  14:45 ET
Mortgage rates slide
Key mortgage rates fell for the second consecutive week, Freddie Mac reported. Through Wednesday, the 30-year fixed mortgage rate averaged 4.54 percent, down two basis points from the pr...
May 31, 2018  16:30 ET
Mortgage rates reverse course after steady rise
Mortgage rates eased up this week after rising steadily to a seven-year high, Freddie Mac reported. Through Wednesday, the 30-year fixed rate averaged 4.56 percent, down 10 basis points ...
May 25, 2018  14:40 ET
Economists: Housing market can handle rising rates
Last week, the key 30-year fixed mortgage rate rose for the 15th time in 21 weeks, the longest sustained rise in recent memory, Freddie Mac reported. Although the overall housing market faces no real ...
May 24, 2018  11:45 ET
Mortgage rates continue upward swing
Key mortgage rates moved up again this week, continuing the most sustained increase to start the year in more than 40 years, Freddie Mac reported. “Through May, rates have risen in 15 out of th...
May 11, 2018  8:25 ET
Mortgage rates remain stable
Mortgage rates were unchanged this past week, Freddie Mac reported. The 30-year fixed rate averaged 4.55 percent for the second consecutive week. A year ago, the rate averaged 4.05 perce...
May 2, 2018  14:35 ET
The Fed holds interest rates steady
As widely expected, Federal Reserve policymakers left interest rates unchanged following a two-day meeting that concluded Wednesday. The Federal Open Market Committee (FOMC) was unanimous...
May 1, 2018  10:30 ET
CFPB investigations lack fairness, trade group says
The mortgage industry’s largest trade group says the Consumer Financial Protection Bureau (CFPB) should make wholesale changes to how its initiates and conducts investigations against financial comp...
Apr 26, 2018  14:55 ET
Rates hit four-year high
The key mortgage rate moved up sharply this week to a level not seen since 2013, Freddie Mac reported. Through Wednesday, the 30-year fixed rate averaged 4.58 percent, up 11 basis points...
Apr 19, 2018  11:40 ET
Mortgage rates jump to four-year high
The 30-year fixed rate rose to the highest level in more than four years, Freddie Mac reported. Through  Wednesday, the rate averaged 4.47 percent, the highest level since January 2014, ...
Apr 5, 2018  12:25 ET
Rates move down on trade fears
Key mortgage rates fell for the second consecutive week in the wake of the volatility in the stock market.   Through Wednesday, the 30-year fixed rate averaged 4.4 percent, down four basi...
Mar 23, 2018  12:50 ET
Mortgage profits plunge to end 2017
Mortgage profits for non-bank lenders plummeted in the fourth quarter of 2017 on lower volumes of both purchase and refinance loans, the Mortgage Bankers Association (MBA) reported. The ...
Mar 23, 2018  12:10 ET
MBA: Hot job market bolsters mortgage outlook
Earlier this week, the Federal Reserve raised short-term interest rates for the first time this year. Michael Fratantoni, chief economist for the Mortgage Bankers Association, discussed the potenti...
Mar 22, 2018  11:10 ET
Mortgage rates move up marginally
Mortgage rates remained largely stable over the past week, Freddie Mac reported.   The 30-year fixed rate averaged 4.45 percent, up one basis points from the prior week. A year ago, the rate aver...
Mar 15, 2018  16:00 ET
Mortgage rates post first decline in weeks
The key rate dropped for the first time in 10 weeks, Freddie Mac reported. Through Wednesday, the 30-year fixed rate declined by two basis points to 4.44 percent. A year ago, the rate av...
 

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