Mortgage Rates: Weekly Mortgage Rates Lower as Debt Talks Loom: 30 Year Mortgage Rates at 4.48%
July 26, 2011 by Isabelle Bolliger · Leave a Comment
Mortgage rates are mostly lower this week over last week as debt gridlock and a credit rating downgrade looms. The debt ceiling will undoubtedly be raised this week but bond yields and mortgage rates will still head higher especially if the credit rating of the U.S. is lowered. 30 year conforming mortgage rates are averaging 4.48%, a decline from last week’s average mortgage rate of 4.58%. Current 15 year conforming mortgage rates are averaging 3.68%, no change from the previous week’s average 15 year mortgage rate.
Compare today’s mortgage rates by searching our mortgage rate tables here: Today’s Mortgage Rates. Unlike most web
Mortgage Rates July 22: 30 Year Mortgage Rates at 4.48%, 15 Year Mortgage Rates at 3.72%
July 21, 2011 by Isabelle Bolliger · Leave a Comment
Mortgage Rates
Mortgage rates today are mixed, no big change in average rates. Today’s fixed conforming 30 year mortgage rates are averaging 4.48%, down from yesterday’s average 30 year mortgage rate of 4.50%. Today’s 15 year conforming mortgage rates are averaging 3.72%, an increase from yesterday’s average 15 year mortgage rate of 3.70%.
Search for current mortgage by searching our mortgage rate tables here: Today’s Mortgage Rates. Unlike most websites, no personal information is needed to view a list of mortgage rates.
30 year jumbo mortgage rates are averaging 4.91%, down from yesterday’s average 30 year jumbo mortgage rate of 4.97%. 15 year jumbo mortgage rate
Mortgage Rates for West Seattle, Woodinville and Walla Walla
June 26, 2011 by Isabelle Bolliger · Leave a Comment
This week is loaded with scheduled economic data which may impact mortgage interest rates. Remember, mortgage rates are based on bonds (mortgage backed securities) and change constantly – much like the stock market. If economic data is negative and stocks are tanking, typically you’ll see mortgage rates improve as investors will seek the safety of bonds. The reverse is also true. To
Deposit Rates Staying Low for the Rest of 2011
June 25, 2011 by Isabelle Bolliger · Leave a Comment
The Federal Deposit Insurance Corporation released their Weekly National Rates and Rate Caps report that showed deposit rates declined yet again. This isn’t a surprise since rates have been declining for several years now. You can expect rates to continue their slow decline for the next several months and possibility until the end of 2011 because of several different reasons. (continued below) Your browser does not support IFrames, check out monitorbankrates.com/cdrates for current cd rates. Late last week the Fed said the economy hit a soft spot and should get better latter this year. That didn’t stop the Fed from lowering their forecast for economic growth this year and next. The Fe Continue reading…
Mortgage rates hit new record low in 2011
June 10, 2011 by Jesse Spivakovsky · Leave a Comment
With another week in the books, it is even more evident how closely the movement of mortgage rates is tied to our nation’s economy. A few months back, it seemed as though by now inflation would be a major indicator that would influence the direction of mortgage rates.
While that may still be true looking forward, for the time being, the nation’s economy can’t seem to catch a break, further pressuring mortgage rates down to a new 2011 low last week.
According to the latest figures from HSH.com, mortgage rates tumbled even more last week:
HSH.com’s broad-market mortgage tracker—the weekly Fixed-Rate Mortgage Indicator (FRMI)—found that the overall average rate for 30-year fixed-rate mortgages fell by six basis points last week, landing at an average of 4.75 percent.
FHA-backed 30-year fixed-rate mortgages are arguably driving sales of homes to first-time homebuyers, and also give low-equity refinancers an option to pursue. Rates for thes