Similar Stories to Average 30-year Us Mortgage Rate Rises To 3.64 Percent on Bing News

Business Heds Index, Seattle Post-Intelligencer: Business
Thu, 05/26/2016 - 9:08am

The disclosure of minutes of the Fed policymakers' most recent meeting in late April tipped U.S. government bond prices sharply lower, raising long-term bond yields. Long-term bond yields tend to influence mortgage rates. With low loan rates as an inducement, Americans signed more contracts to buy homes in April for the third straight month, driving pending home sales to the highest level in more than a decade.

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Topics:  fed   u.s    long-term   april   mortgage rate   bond   rates   yields   
BING NEWS:
  • Adjustable-rate mortgage demand surges to highest level this year as 30-year rate keeps climbing
    Mortgage applications fell 2.3% in the last week, the Mortgage Bankers Association said. The average rate for a 30-year mortgage is 7.29%.
    05/1/2024 - 12:01 am | View Link
  • Mortgage application drops as interest rate rises
    MBA Mortgage Applications Composite Index: -2.3% vs. +3.3% a week ago. 30-year fixed-rate mortgages came in at 7.29%, compared to 7.24% last week. More on United States 10-Year Bond Yield ...
    05/1/2024 - 12:00 am | View Link
  • The economy grew a disappointing 1.6% in Q1. What does it mean for interest rates?
    That’s down from a robust 4.1% in the second half of last year. Most forecasters expect slower gains later this year.
    04/25/2024 - 1:36 am | View Link
  • US 30-Year Mortgage Rate Rises to Five-Month High of 7.24%
    US mortgage rates increased to the highest level in five months, pushing down home-purchase applications for the fifth time in the last six weeks.
    04/24/2024 - 12:00 am | View Link
  • Mortgage costs rise as banks confirm higher rates
    Expectations about the future direction of the Bank's benchmark rate have a major influence on the mortgage rates offered by High Street banks. The Bank's key rate currently stands at 5.25% and ...
    04/23/2024 - 2:13 am | View Link
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