Mortgage rates rise for second consecutive week

Mortgage rates for 30-year fixed mortgages rose this week, with the current rate borrowers were quoted on Zillow Mortgage Marketplace at 4.28 percent, up from 4.24 percent at this same time last.

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Borrowers had slightly more relief with mortgage rates again this week. The 30- year fixed-rate mortgage rate dipped again, averaging 4.53.

Mortgage rates fell for the second consecutive week as it continues to recover from the market’s anxiety over potential trade wars, according to Freddie Mac’s Primary Mortgage Market Survey.

The rise in mortgage rates tracks a 3 basis point uptick in the benchmark 10-year Treasury yield to 2.89 per cent over the week.

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Mortgage rates moved upward for a second consecutive week, with the average rate for a 30-year fixed-rate mortgage at 4.54%, up from 4.52% the previous week, according to Freddie Mac’s Primary Mortgage Market Survey. A year ago at this time, the 30-year fixed-rate mortgage averaged 3.78%.

"Mortgage rates rose for the second consecutive week as 10-year Treasury yields surged. Housing starts declined 2 percent to a seasonally adjusted pace of 1.065 million units and housing permits.

Recently hot housing markets now see biggest sales declines TREB reported the biggest declines in home sales were. want to jump in now. They’re getting a better deal on a house now too,” he said. An RBC Economics bulletin on Thursday said the June numbers.

Netflix has lost two popular shows as old media companies flex.. Interest rates rose again last week – but that didn't stop mortgage application. 3.1 percent from the previous week, increasing for the third consecutive week.

Long-term U.S. mortgage rates fell for the sixth consecutive week, with the key 30 -year loan rate. US mortgage rates increased this week with 30-year at 4.17%.

The average U.S. rate for a 30-year fixed mortgage rose two basis points this week from a two-year low, according to the latest Freddie Mac.

SEATTLE, Oct 15, 2013 (GLOBE NEWSWIRE via COMTEX) — The 30-year fixed mortgage rate on Zillow(R) Mortgage Marketplace is currently 4.16 percent, up five basis points from 4.11 percent at this time.

Mortgage rates were on the rise in the week ending 6 th September, a second consecutive week of gains coming off the back of 3 consecutive weeks of decline.. Economic data released though the week to Thursday provided support to the upward move in mortgage rates, with better than expected ISM manufacturing and non-manufacturing PMI numbers for August and some hawkish FOMC member commentary.

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