Mortgage rates have risen for seven consecutive weeks, pushing 30-year mortgages to their highest rate since April 2014, Freddie Mac’s Primary Mortgage Market Survey found. The rate for 30-year fixed-rate mortgages ended the week at 4.4 percent, which is up from 4.38 percent from the week before and 4.16 percent at the same time last year, HousingWire reported. “Mortgage rates have followed U.S. Treasury’s higher in anticipation of higher rates of inflation and further monetary tightening by the Federal Reserve,” said Len Kiefer, Freddie Mac deputy chief economist. [HousingWire]
Mortgage rates hit highest level since 2014
New York /
Feb.February 23, 2018
02:36 PM
Related Articles
arrow_forward_ios

Even lava won’t stop rich people from buying mansions in Hawaii

Rising waters are wreaking havoc on the Great Lakes’ real estate

A little good news for renters. We’re not talking to you LA and Manhattan

Amazon’s shopping cart now includes new grocery store leases in LA area

Home prices roar in Arlington, whimper in Manhattan post-Amazon

No one home: Japan’s dwindling population means a housing oversupply
arrow_forward_ios