Mortgage rates rise for second consecutive week

Mortgage rates rise for second consecutive week

NEW YORK – May 26, 2016 – Mortgage rates increased again this week, with the benchmark 30-year fixed mortgage rate rising to 3.82 percent, according to Bankrate.com’s weekly national survey.

"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 were on the rise in the week ending 6 th September, a second consecutive week of gains coming off the back of 3 consecutive weeks of decline.. Economic data released though the week to Thursday provided support to the upward move in mortgage rates, with better than expected ISM manufacturing and non-manufacturing PMI numbers for August and some hawkish FOMC member commentary.

 · Mortgage rates rose for the second consecutive week according to the weekly mortgage survey by freddie mac. average rates for both the 30-year and 15-year fixed-rate mortgages climbed slightly during the week ending Thursday, Nov. 12. The 15-year fixed-rate mortgage average is now the same as it was this time last year, and the 30-year fixed-rate mortgage average is only slightly lower.

"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.

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

Total mortgage application volume barely moved last week, down 0.5 percent from the previous week, according to the Mortgage Bankers Association. That’s the second consecutive. rates were lower..

The benchmark 30-year fixed-rate mortgage saw a slight uptick this week to 3.95 percent from 3.94 percent, according to Bankrate’s weekly survey of large lenders. The big news is the rate tumbled.

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NEW YORK, May 26, 2016 /PRNewswire/ — Mortgage rates increased again this week, with the benchmark 30-year fixed mortgage rate rising to 3.82 percent, according to Bankrate.com’s weekly national.

Freddie Mac released the results of their mortgage survey showing and increase in rates in the second consecutive week. Fixed mortgage rates rose amid continued market expectations of a possible rate increase by the Federal Reserve and following a stronger than expected jobs report.

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