Freddie Mac: Mortgage rates inch higher on positive jobs report

Rates for home loans crept higher, snapping a three-week stretch of declines, even as bond yields remained subdued. The 30-year fixed-rate mortgage averaged 4.53% during the July 12 week, up one.

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Mortgage Rates Inch Up With Positive Job Report Leave a reply After posting record lows the last few weeks, mortgage rates inched higher this week, Freddie Mac reports in its weekly mortgage market survey.

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"A surprisingly strong October jobs report showed 271,000 jobs added and wage growth of 0.4% from last month, exceeding many experts’ expectations," said Sean Becketti, freddie mac chief economist. "The positive employment reports pushed Treasury yields to about 2.3% as investors responded by placing a higher likelihood on a December.

Freddie Mac: Mortgage rates continue to inch higher. Mortgage rates inch higher on positive jobs report.. June’s job report reveals the nation’s job growth is slowing down.

Mortgage Rates Inch Higher July 12, 2018 MCLEAN, Va., July 12, 2018 (GLOBE NEWSWIRE) — Freddie Mac (OTCQB:FMCC) today released the results of its Primary Mortgage Market Survey (PMMS ), showing that mortgage rates slightly moved up over the past week.

The average rate for the 30-year fixed-rate mortgage rose to 4.46% in the week ending June 27, the highest rate since July 2011, and up from 3.93% in the prior week, Freddie Mac said in its weekly.

Low Mortgage Rates Spur Refinance Activity to Start the Year NEW YORK ( — The possibility of securing a mortgage rate below 5% has greatly improved in recent weeks, in a positive sign for. for the second week in a row. Freddie Mac’s (FRE,

Mortgage rates loosely follow those yields. But that turned pretty quickly on last week’s positive jobs report, and Tuesday the Dow Jones Industrial Average closed above the 15,000 mark for the first.

Sam Khater, Freddie Mac’s chief economist, says mortgage rates were mostly unchanged, but did tick up for the first time since early June. "The 10-year treasury yield continues to hover along the same narrow range, as increased global trade tensions are causing investors to take a cautious approach," he said.

NEW YORK, Sept 14 (Reuters) – Interest rates on U.S. 30-year mortgages remained at 10-month lows as Treasury bond yields fell sharply last week before spiking higher this week, Freddie Mac.

Fannie Mae: Homeowner optimism soars to new highs Fannie Mae’s Home Purchase Sentiment. as consumers’ continuing optimism about economic conditions seems to be balanced with softening attitudes toward the housing market. Job confidence reached a.

The May edition of Freddie Mac’s. on refinancing and Freddie Mac sees the impact of higher mortgage rates on the latter will outweigh the positive factors lifting the former. Refinancing.

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