When will mortgage rates rise? What happens when they do? (4/24/2017)
At some point, mortgage rates will rise again. An economic analysis of earlier 100-basis-point mortgage-rate increases found that median home prices often take a hit because buyers can’t afford their now-higher monthly payments.
Will mortgage rates below 4% spur market? (4/24/2017)
How long will 4% rates last? It could lead skittish buyers to act sooner rather than later – or shop for slightly a bigger home than they could afford in Jan.
Mortgage rates drop below 4% (4/20/2017)
Rates that surged shortly after the presidential election have surprised experts by dropping again. This week’s average FRM, 3.97%, is the lowest since Nov. 2016.
Average 30-year mortgage rate falls to 2017 low: 4.08% (4/13/2017)
Long-term mortgage rates have been hard to track and even harder to predict this year. The FRM hit a 2017 high recently only to drop this week to a new 2017 low.
Fed official: Bond holdings to be reduced gradually (4/7/2017)
The Federal Reserve could damage the economy and boost mortgage rates if it sold bond holdings quickly – but an official says that won’t happen.
Average 30-year mortgage rate falls to 4.10% (4/6/2017)
Long-term U.S. mortgage rates fell for a third straight week, and approached their low points for the year. Most experts predict rates will remain about the same.
Two Fed moves could push mortgage rates higher (4/3/2017)
Interest rate hikes indirectly affect long-term mortgage rates – but a separate Fed move later this year could also push rates higher once it starts selling Treasury securities that the Fed bought during the recession to help ease the housing crisis.
30-year mortgage rate drops for second straight week (3/30/2017)
Two weeks ago, the 30-year FRM hit its highest point of the year, but it dropped again this week to 4.14%. Most experts predict little change over the short term.
Could rising mortgage rates be good for housing? (3/22/2017)
While higher rates make it more expensive for buyers, rising rates could also push fence-sitters into action and convince banks that they can approve more loans.
Average 30-year mortgage rates slip again to 4.17% (2/9/2017)
Mortgage rates fell again after a post-election surge, and 88% of experts polled this week predict they’ll remain stable or fall even more over the short term.
Fixed mortgage rates move higher (1/3/2017)
Freddie Mac: Overall, 2016’s average mortgage rate was the lowest since tracking began in 1971 – but a consecutive nine-week uptick late in the year suggests that the era of low rates may be ending.