The post The History Of The Mortgage Rate appeared first on Weekly Real Estate News.
The History Of The Mortgage Rate
Financial Markets
Mortgage rate lock volume remained flat in October amid headwinds
Affordability headwinds continued in the mortgage industry with mortgage rate lock volume remaining virtually flat in October. Both purchase and refinance volumes continued to wane in the face of the highest mortgage rates in over […]
Loan Markets
Pain! US Mortgage Rate Rises To 6.28%, Highest Since November 2008 As Raging Inflation Results In Fed Tightening
Raging US inflation is resulting in Federal Reserve monetary tightening, causing the 30-year US mortgage rate to hit it highest level since November 2008 (the beginning of Fed Quantitative Easing). Bankrate’s 30-year mortgage rate just […]
Mortage News
Survey: Fewer Buyers Are Willing to Wait to Home Price and Mortgage Rate Declines
Prospective homebuyers may be running out of patience for home prices and interest rates to fall before buying property, according to new data from the Bank of America (NYSE:BAC) Homebuyer Insights Report. According to the […]