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U.S. long-term mortgage rates were little changed this week after marking a new all-time low last week.
U.S. long-term mortgage rates slipped this week as the key 30-year loan marked a new all-time low for the 11th time this year.
WASHINGTON — U.S. long-term mortgage rates fell this week as the key 30-year loan reached a new all-time low for the tenth time this year.
WASHINGTON — U.S. average rates on long-term mortgages changed little this week, remaining at historically low levels that has sparked demand for homes.
Spurred by ultra-low mortgage rates, home buyers rushed last month to snap up a limited supply of existing houses, causing the pace of purchases to jump by a record-high 24.7%.
U.S. average rates on long-term mortgages rose this week though they remain at historically low levels. The key 30-year loan nudged toward 3%.
Long-term U.S. mortgage rates fell this week as the benchmark 30-year home loan reached a new all-time low.
Long-term mortgage rates tumbled to all-time lows this week as the economy and housing market continued to reel from the business and social shutdown spurred by the coronavirus pandemic.
WASHINGTON – U.S. long-term mortgage rates climbed this week in a whip-sawing market amid deepening anxiety over devastation to the economy from the coronavirus pandemic. Home loan rates had hit all-time lows two weeks ago. Mortgage buyer Freddie Mac reported Thursday that the average rate on the benchmark 30-year loan jumped to 3.65% this week from 3.36% last week.
Spokane-area homeowners are flocking to local lenders as they seek to take advantage of mortgage rates at or near historical lows.
Americans shopping for a home this spring may face more competition than they have in years.
U.S. long-term mortgage rates were flat to slightly higher this week after three straight weeks of declines, as the historically low levels continue as an incentive for potential homebuyers.
U.S. mortgage rates turned down this week, lowering the cost of purchasing a home and supporting the housing market.
U.S. home sales rose 1.3% in August to the highest level in 17 months, as mortgage rates near historic lows have spurred a rush of home-buying.
U.S. long-term mortgage rates fell this week. It was the seventh decline in the past nine weeks for the key 30-year, fixed-rate loan, which reached its lowest level since November 2016.
Long-term U.S. mortgage rates leaped this week to their highest levels in seven years amid global anxiety over rising interest rates that has gripped financial markets.
Mortgage rates broke out of their rut this week, with the 30-year fixed-rate average reaching its highest level in four years.
According to the latest data released Thursday by Freddie Mac, the 30-year fixed-rate average inched up to 4.45 percent with an average 0.5 point.
Long-term U.S. mortgage rates fell this week for the first time this year as the spring home buying season begins. The decline comes after nine straight weeks of increases that pushed borrowing costs higher.
Long-term U.S. mortgage rates climbed this week to their highest average in more than four years, ratcheting up affordability pressures at the start of the traditional spring home buying season.