Mortgage rates rise for second consecutive week

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Fixed mortgage rates sank to a 10-month low this week amid uncertainty about the health of the economy.. and rates consequently spent the better part of two days retreating," said. But instead of rising, mortgage rates pulled back.. " Mortgage applications stepped back for the third consecutive week,".

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.

and recorded a second consecutive weekly advance, as investors remained cautiously optimistic about prospects for easier.

WASHINGTON, May 29 (UPI) — U.S. mortgage activity fell for the second consecutive week, as interest rates continued to climb, the Mortgage Bankers Association said Wednesday. The association said.

"Mortgage rates rose for the second consecutive week as 10-year Treasury yields surged. Housing starts [pdf] declined 2 percent to a seasonally adjusted pace of 1.065 million units and housing permits dipped 0.7 percent in January.

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%.

Conforming Jumbo and FHA Mortgage Rates Rise For Second Consecutive Week January 17, 2013 Shashank Shekhar According to Mortgage Bankers Association’s (MBA) latest weekly survey, mortgage rates for conforming jumbo (also called High Balance Loans) and FHA loans increased again last week.

Mortgage Applications Decline for Sixth Consecutive Week May 30 2018, 5:59AM Although interest rates extended their decline for the second week, the level of mortgage activity failed to respond.

However, despite these downturns in confidence, mortgage applications rose for the second consecutive week as of October 11th, elevated by increases in applications for refinancing." The five-year.

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30-Year Fixed Mortgage Rates Rise for Second Consecutive Week; Current Rate is 4.28%, According to Zillow Mortgage Rate Ticker By Published: Aug 6, 2013 2:02 p.m. ET

U.S. home sales rose in May, boosted by lower interest rates for mortgages, giving a. Builder confidence in the market for newly-built single-family homes fell two. 30-year fixed-rate mortgage rate fell to 3.82%, the sixth consecutive weekly.

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