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Top Refinancing Mortgage Rate News

refinancing mortgage rate

WASHINGTON - Rates for 30-year home loans jumped to the highest level in seven months this week, leading to a slowdown in refinancing activity, Freddie Mac said yesterday. The average rate for a 30-year fixed mortgage was 5.59 percent this week, up ...

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Mortgage rates hit highest level in 7 months; refinancing activity ... - Boston Globe

Rising long-term interest rates are making it more expensive for home buyers, corporations and the U.S. government to borrow money, threatening to further stifle an already weak economy. In just the past two weeks, the rate on a 30-year, fixed-rate ...

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Spike In Interest Rates Raises Inflation Concerns - Free Internet Press

In just the past two weeks, the rate on a 30-year, fixed-rate mortgage has risen to 5.6 percent from 4.9 percent, ending a boom in refinancing and working against a budding recovery in the housing market. Rates on corporate borrowing have also risen ...

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Interest Rates Could Slow Recovery - The Ledger

June 10 (Bloomberg) -- Mortgage applications in the U.S. fell last week to the lowest level since February as a jump in borrowing costs discouraged refinancing. The Mortgage Bankers Association’s index of applications to purchase a home or ...

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U.S. MBA Mortgage Applications Index Fell 7.2 Percent Last Week - Bloomberg

Only a couple of months ago, exceptionally low mortgage rates were one of the few optimistic landmarks in an otherwise bleak economic outlook. After the Federal Reserve unveiled a series of initiatives beginning last fall—such as purchasing Fannie ...

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Mortgage Rates Head for 6 percent: 5 Reasons They Might Retreat - US News and World Report

WASHINGTON — Rates for 30-year home loans jumped to the highest level in seven months this week, leading to a slowdown in refinancing activity, Freddie Mac said today. The average rate for a 30-year fixed mortgage was 5.59 percent this week, up ...

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Mortgage rates rise again - Pioneer Press

NEW YORK (Reuters) - Spiking U.S. mortgage rates drove down total home loan applications last week as demand for refinancing shriveled to the lowest level since November, the Mortgage Bankers Association said on Wednesday. The swift rate rise crimps ...

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Mortgage Demand Withers as Rates Spike - ABC News

WASHINGTON (AP) -- Rates for 30-year home loans jumped to the highest level in seven months this week, leading to a slowdown in refinancing, Freddie Mac said Thursday. The average rate for a 30-year fixed mortgage was 5.59 percent this week, up from ...

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Mortgage rates hit 7-month high - Chicago Tribune

Home Front's Friday edition will lead off with a story about fast-rising interest rates and their impact on the market here in Sacramento. I have talked with a couple of mortgage brokers who say the phones are going silent as rates rise - especially ...

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Second thoughts about refinancing? - Sacramento Bee

NEW YORK (Reuters) - Spiking U.S. mortgage rates drove down total home loan applications last week as demand for refinancing shriveled to the lowest level since November, the Mortgage Bankers Association said on Wednesday. The swift rate rise crimps ...

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Refinancing Mortgage Rate Questions and Answers


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