Average rates on 30-year and 15-year fixed-rate mortgages fell three basis points, and the 5/1 ARM declined one basis point, according to a NerdWallet survey of daily mortgage rates published by national lenders. The drop in rates followed tame inflation news. The core Consumer Price Index (for items excluding food and energy) was up 1.7% in September compared with... Holden Lewis is a writer at NerdWallet.
Mortgage Rates Monday: Down On Low Inflation News
Holden Lewis, NerdWallet.com
Mon, 10/16/2017 - 3:15pm
BING NEWS:
- Homeowner pain as major banks hike mortgage rates
Some of the UK's biggest banks are raising mortgage rates as expectations of when the Bank of England will cut interest rates are pushed back. Barclays, HSBC and NatWest are all increasing some costs ...
04/22/2024 - 4:48 am | View Link - Advice to mortgage borrowers as lenders hike rates
Four lenders have today announced they are making mortgage price hikes this week amid uncertainty around interest rates.
04/22/2024 - 2:23 am | View Link - Mortgage lenders hike interest rates as market jitters set in
The moves come as bets ramp up on the timing for Bank of England interest rate cuts, with forecasters predicting a fall of 75bps by the end of 2024.
04/22/2024 - 12:10 am | View Link - Chinese banks hold lending rates with yuan under pressure
The one-year loan prime rate was held at 3.45%, in line with almost all of the forecasts from economists surveyed by Bloomberg News. The five-year rate, a reference for mortgages, was kept at 3.95% as ...
04/21/2024 - 2:42 pm | View Link - Average 30-year fixed mortgage rates continue to climb as inflation persists, analysts say
The culprit behind rates increasing now is inflation, Danielle Hale, chief economist for Realtor.com, told CNBC. Learn more: Best mortgage lenders “By mid-February, a pick-up in inflation reset ...
04/19/2024 - 9:37 am | View Link - More
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