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Mortgage rates rise for second consecutive week

"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.

For the second week in a. more importantly, mortgage rates to substantially rise in the upcoming weeks,” Freddie Mac Chief Economist Sean Becketti said. The 30-year fixed-mortgage decreased to 3.54.

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Climbing 11 basis points this week, mortgage rates have hit their highest level since. rates on a fixed rate mortgage have increased four consecutive weeks.. rates on a fixed rate tick down this week after two consecutive weeks of climbing.

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.

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%.

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Average mortgage rates increased for the second consecutive week during the week ending Jan. 18, with the average rate for the 30-year fixed-rate mortgage rising to its highest level since May.

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 than last year’s rate.

After a slow fall and winter that had mortgage rates rising and affordability.. for two consecutive weeks, mortgage rates surged again rising to their second.

Mortgage rates for 30-year fixed mortgages rose this week, with the current rate borrowers were quoted on Zillow Mortgage Marketplace at 4.28 percent, up from 4.24 percent at this same time last.

Mortgage rates held steady in the week ending 17 th January 2019, with 30-year fixed rates holding onto last week’s decline to remain unchanged at 4.45%. The lack of an upward move marked a 10 th.

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Mortgage interest rates have now risen for the fourth consecutive week, according to the latest Freddie Mac Primary Mortgage Market Survey. The 30-year fixed-rate mortgage averaged 4.20% for the week ending April 25, 2019, slightly up from last week’s rate of 4.17%. Notably, this week’s rate is moderately lower than last year’s rate of 4.58%.

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