In the week ending May 12, mortgage rates rose for the ninth time in ten weeks. 30-year fixed rates rose by three basis points to 5.30%. 30-year fixed rates jumped by 17 basis points in the week prior.
Newsfeed: US Mortgage Rates Rise for the Ninth Time in Ten Weeks Read More »
ARMs — which carry variable interest rates that reset based on the market at predetermined times — accounted for 10.8% of total home-loan applications …
Newsfeed: Adjustable Loans Form Largest Share of US Mortgages Since 2008 Read More »
In the week ending May 5, mortgage rates rose for the eighth time in nine weeks. 30-year fixed rates jumped by 17 basis points to 5.27%. 30-year fixed rates slipped by one basis point in the week prior.
Newsfeed: US Mortgage Rates Spike Again as the Markets Respond to the Fed Read More »