mortgage rates

Jun 6, 2017

US rates rise at weekly Treasury short-term bill auction

Interest rates on short-term Treasury bills rose in Monday’s auction to their highest levels in more than eight years. The Treasury Department auctioned $39 billion in three-month bills at a […]

Jan 5, 2017

Long-term mortgage rates fall, breaking 9-week rise

WASHINGTON (AP) — After nine straight weeks of increases, long-term US mortgage rates fell this week. Mortgage buyer Freddie Mac said Thursday the rate on 30-year fixed-rate loans declined to […]

Jan 19, 2016

WOODARD: Mortgage rates expected to trend upward

Many homeowners and prospective buyers have been dreading the day when mortgage rates rise above 4 percent. That dream rate may be long gone. The 30-year fixed-rate mortgage finished 2015 […]

Dec 31, 2015

Average US rate on 30-year mortgages rises to 4.01 percent

WASHINGTON (AP) — Average long-term U.S. mortgage rates crossed the 4 percent mark this week, a slight increase in the wake of the Federal Reserve decision this month to hike […]

Nov 19, 2015

Average US rate on 30-year mortgage slips to 3.97 percent

WASHINGTON (AP) — Average long-term U.S. mortgage rates edged slightly lower this week after two straight weeks of sharp increases. Expectations persist that the Federal Reserve may soon raise its […]

Oct 29, 2015

US average rate on 30-year home loans slips to 3.76 percent

Average U.S. long-term mortgage rates were slightly lower to unchanged this week amid expectations that the Federal Reserve isn’t ready yet to raise its key short-term interest rate. Here’s a look at […]

Sep 4, 2015

WOODARD: Declining home affordability creates hurdle

An increasing number of analysts are reporting a notable rise in home prices. This is seriously affecting the affordability of housing, despite the continuing low rates of mortgages. Sixty-three percent […]

Aug 27, 2015

Average US rate on 30-year mortgage drops to 3.84 percent

WASHINGTON (AP) — Average long-term U.S. mortgage rates dropped this week to their lowest levels since May, in a week marked by turmoil in global markets that was stoked by […]

Mar 13, 2015

WOODARD: Average family can afford majority of homes

The average family can now afford nearly 63 percent of homes offered in today’s market, according to a recent study. Low interest rates and home prices helped lift housing affordability […]

Jun 5, 2014

Foreign economics keep US mortgage rates low

Today’s exceptionally low mortgage rates in the U.S. are rooted in Europe and are contributing to our high level of home affordability. “Important economies around the world are struggling, and […]

May 13, 2014

Pending sales pick up; mortgage rates stay low

The light at the end of the tunnel is so bright it’s almost blinding. Home sales are in an upward trend, and mortgage financing is easier to obtain. Progress is […]

May 1, 2014

Average US 30-year mortgage rate eases to 4.29 pct

WASHINGTON  — Average U.S. rates on fixed mortgages declined slightly this week as the spring home-buying season has gotten off to a slow start. Mortgage buyer Freddie Mac said Thursday […]

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