FHFA: Mortgage rates continue to climb

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The average loan amount for all loans hit $270,100 in September, a drop from $274,500 in August, FHFA said. Source: HOUSINGWIRE. Mortgage interest rates continued their upward climb, with contract mortgage interest rates increasing 0.11% from August to September, according to the Federal Housing Finance Agency’s index of new mortgage contracts.

Contract mortgage interest rates increased 0.25 percent from July to August, according to an index of new mortgage contracts. According to the Federal housing finance agency (fhfa), the National Average Contract Mortgage Rate for the Purchase of Previously Occupied Homes by Combined Lenders index was 4.26 percent for loans closed in late August.

Sam Khater, Freddie Mac’s chief economist, says, “Despite the recent rise in mortgage rates, both existing and new home sales continue to show strength – indicating the lagged effect of lower rates on.

Fixed mortgage rates were up for the third consecutive week, according to new data from Freddie Mac. The 30-year fixed-rate mortgage (frm) averaged 4.17 percent for the week ending April 18, up from last week when it averaged 4.12 percent.

Prices continue to climb. In March 2016, the FHFA (Federal Housing Finance Agency) reported that home prices rose 0.7% month-over-month and 5.5% year-over-year. according to the Federal Housing Finance Agency’s (FHFA) house price index. "home price gains continue to slow," David M.. How much does the typical American family make?

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Mortgage rates continued to climb this past week to new yearly highs according to Freddie Mac’s Weekly Survey. The 30 year fixed-rate was at 3.91% (up 10 basis points on the week) with 0.7% points cost. The 15 year fixed-rate is up to 3.03%, which maintains its spread above the 5 year arm (adjustable Rate Mortgage.)

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Mortgage Rates Climb in April By Michael Neal on May 3, 2018 (). According to the Federal Housing Finance Agency (FHFA), mortgage rates continue to rise and this is confirmed by data from Freddie Mac. The short end of the yield curve, which is most sensitive to monetary policy, has been the primary force behind the increase in mortgage rates.

If those increases stick, we will likely see mortgage rates continue to trend higher." Freddie Mac makes home possible for millions of families and individuals by providing mortgage capital to lenders.

The number of mortgage applications for. the highest rate since August 2012. Interest rates for jumbo loans also decreased to 3.94 percent from 3.98 percent. Rates for Federal Housing.

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