Mortgage Rates Rise To 3.98 Percent

The average 30-year mortgage rate rose to 3.98 percent Thursday, reflecting a 0.10 percentage point jump after setting a new historic low last week, according to Freddie Mac. Despite the jump, the 30-year fixed rate has remained below 4 percent for eight weeks, and the Federal Reserve yesterday indicated it plans to keep interest rates at zero for some time. Read full article >>

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BING SEARCH:
  • Rates rise
    The current average rate for a 30-year fixed mortgage is 7.36, the average rate for the benchmark 15-year fixed mortgage is 6.76 percent, and the average rate on a 5/1 adjustable rate mortgage is ...
    05/3/2024 - 1:11 pm | View Website
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    1:03. Mortgage rates in the US climbed for a fifth week, ratcheting up the pressure on homebuyers. The average for a 30-year, fixed loan was 7.22%, up from 7.17% last week, Freddie Mac said in a ...
    05/3/2024 - 5:12 am | View Website
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    05/2/2024 - 7:18 pm | View Website
  • Mortgage Rate Trends And Predictions | Bankrate
    A hawkish Fed drives up the yield on 10-year Treasurys, which drives up mortgage rates. Accordingly, we should expect to see a rise in mortgage rates next week. 55% say rates will go down
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