Thirty- and 15-year fixed loans fell sharply today, by 8 and 12 basis points, respectively, while 5/1 ARMs also dipped by 8 basis points, according to a NerdWallet survey of mortgage rates published by national lenders on Wednesday morning. The drop in mortgage rates is a reaction to the falling 10-year U.S. Treasury yield, which has declined following the...

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Topics:  thirty and   arms   nerdwallet survey   u.s treasury   wednesday   sharp   drop   mortgage rates   points   basis   
BING NEWS:
  • High mortgage rates hang around, reaching 7.17%
    Mortgage rates continued their climb past the 7% threshold this week, sidelining price-sensitive buyers in their wake. The rate on the 30-year fixed rate mortgage rose to 7.17% on Thursday, up from 7.
    04/25/2024 - 5:44 am | View Link
  • Current Mortgage Rates: Week of April 8 to April 12 2024
    View OfferADVERTISEMENT The hope for less expensive home loans faded even further this week as mortgage costs hit a new high for the year. Average mortgage rates topped 7% for the first time in 2024, ...
    04/25/2024 - 5:23 am | View Link
  • Here are the 4 best online mortgage lenders of May 2024
    LoanDepot is a great pick for those who plan to refinance their mortgage down the line, such as when rates drop. Who's this ... to submit multiple mortgage applications and shop around for the ...
    04/23/2024 - 5:32 am | View Link
  • Home Sales Drop In March As Mortgage Rates Surge Over 7%
    Existing home sales shrank in March as consumers respond to continuing price increases and rising mortgage rates.
    04/18/2024 - 9:04 pm | View Link
  • Housing Market Slumps as Mortgage Rates Top 7%
    Mortgage rates have surged past 7% and home sales in March posted their biggest monthly drop in more than a year, renewing pressure on the U.S. housing market as uncertainty over real-estate ...
    04/18/2024 - 10:31 am | View Link
  • More

 

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