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Wednesday, February 19, 2020  Spokane, Washington  Est. May 19, 1883
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Stories tagged: mortgage rates


Mortgage rates edge higher but remain within a narrow band

Mortgage rates wandered higher again this week after a brief slip but remain within a narrow band.


Average 30-year mortgage rate edges down to 4.02 percent

Long-term U.S. mortgage rates barely moved this week after rising last week for the first time in five weeks. The benchmark 30-year rate remained above the key threshold of 4 …


The biggest regrets people have after buying a home

Spring is here, which means some people are gearing up to make what could be the largest purchase of their lifetime: a home. In many parts of the country, would-be …


Average 30-year mortgage rate rises to 4.03 percent

Long-term U.S. mortgage rates rose this week for the first time in five weeks. The benchmark 30-year rate pushed back above the key threshold of 4 percent.


Seattle real estate market still hottest in U.S.

The Seattle area has notched its sixth-straight month as the hottest real-estate market in the country, as prices climb even faster heading into the peak buying season.


Mortgage rates at lowest levels in five months

Mortgage rates continued their month-long swoon, sinking to their lowest levels in five months. According to the latest data released Thursday by Freddie Mac, the 30-year fixed-rate average tumbled to …


Mortgage rates fall to their lowest levels of the year

According to the latest data released Thursday by Freddie Mac, the 30-year fixed-rate average slipped to 4.08 percent with an average 0.5 point. (Points are fees paid to a lender …


Average 30-year mortgage rate falls to 4.10 percent

Long-term U.S. mortgage rates fell this week for a third straight week, approaching their low points for the year.


Average 30-year mortgage rate slips to 4.14 percent

Long-term U.S. mortgage rates fell this week for a second straight week, slipping further from their highest levels of the year reached two weeks ago.


Average 30-year mortgage rate slips to 4.23 percent

Long-term U.S. mortgage rates slid this week from their highest levels of 2017.


UPDATED: Thu., March 16, 2017

Housing starts rise, led by single-family homes

U.S. builders broke ground on new homes at a faster pace in February, a sign that developers expect solid sales growth this year despite higher mortgage rates.


Average 30-year mortgage rate falls to 4.10 percent

Long-term U.S. mortgage rates fell this week, breaking a holding pattern that prevailed for more than a month.


UPDATED: Wed., Feb. 22, 2017

Americans buy existing homes at fastest pace in a decade

Americans shrugged off rising mortgage rates and bought existing homes in January at the fastest pace since 2007. That has set off bidding wars that have pushed up prices as …


Average 30-year mortgage rate dips to 4.15 percent

Long-term mortgage rates slipped again this week. Mortgage buyer Freddie Mac says the rate on 30-year, fixed-rate loans eased to 4.15 percent from 4.17 percent last week. The benchmark rate …


UPDATED: Thu., Jan. 26, 2017

Average 30-year mortgage rate rises to 4.19 percent

Long-term mortgage rates rose this week after three weeks of declines, marking their first increase of the year.


Homebuilder confidence, sales outlook slip in January

U.S. homebuilders are feeling slightly less confident this month about their sales prospects, a pullback from December when builders’ confidence reached the highest level in 11 years.


UPDATED: Fri., Jan. 13, 2017

Three ways it’s becoming harder for millennials to buy homes

Young people can face a lot of challenges when it comes to buying their first home – and that list may be growing. A house can seem far-fetched for someone …


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

After nine straight weeks of increases, long-term US mortgage rates fell this week.


Mortgage rates, home sales and prices seen rising in 2017

Economists predict mortgage rates will continue to climb this year – just one of the trends that suggest 2017 could be a more challenging year for homebuyers. While mortgage rates …


Pending existing-home sales fall on higher mortgage rates

Contracts to purchase previously owned U.S. homes unexpectedly decreased in November on a sudden pickup in mortgage rates and limited inventory, according to figures released Wednesday from the National Association …


Long-term mortgage rates at highest levels since 2014

Long-term US mortgage rates climbed again this week, hitting the highest levels since 2014.


What a Fed rate hike means for your personal finances

Maybe this time higher interest rates actually mean higher interest rates. A year ago, the Federal Reserve lifted the key U.S. interest rate for the first time in more than …


30-year average mortgage rate rises to 4.13 percent

Long-term U.S. mortgage rates climbed for the sixth straight week in the aftermath of Donald Trump’s election win, marking new highs for the year.


Mortgage rates reach highs not seen in more than a year

Mortgage rates sustained their upward march this week without any indication that their trajectory will slow anytime soon.


Sales of new homes decline to four-month low in October

Purchases of new U.S. homes declined in October to a four-month low, showing the residential real estate market began to soften a month prior to a jump in borrowing costs.


U.S. home sales reach strongest pace in nearly a decade

Americans bought homes in October at the fastest pace in nearly decade, helped out by low mortgage rates that have since started to climb following the presidential election of Donald …


30-year mortgage rate jumps to 3.94 percent

Long-term U.S. mortgage rates climbed this week, reflecting deep declines in U.S. government bond prices in the days after Donald Trump’s election victory.


Average 30-year mortgage rate rises to 3.57 percent

Long-term U.S. mortgage rates rose this week for a second straight week.


Mortgage rates reach their highest levels in four months

Mortgage rates climbed to their highest point in four months this week, rising to pre-Brexit levels.


Average 30-year mortgage rate jumps to 3.50 percent

Long-term U.S. mortgage rates rose this week, with the benchmark 30-year loan reaching its highest level since June. Rates remain at historically low levels, however.