Mortgage rates hit highest level since 2014

TRD New York /
Feb.February 23, 2018 02:36 PM

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]


Related Articles

arrow_forward_ios
(Photography by Rayon Richards)

TRD‘s July national issue is live

TRD‘s July national issue is live
Fires from lava flows in 2018 (Photo by Don Smith/Getty Images)

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

Even lava won’t stop rich people from buying mansions in Hawaii
High water levels in Lake Michigan erode a walkway and seawall (Credit: Scott Olson/Getty Images)

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

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

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

A little good news for renters. We’re not talking to you LA and Manhattan
Amazon CEO Jeff Bezos (Credit: Getty Images, iStock)

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

Amazon’s shopping cart now includes new grocery store leases in LA area
Across the US, new home sales keep falling

Across the US, new home sales keep falling

Across the US, new home sales keep falling
Crystal City, Virginia and Amazon CEO Jeff Bezos (Credit: Getty Images)

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

Home prices roar in Arlington, whimper in Manhattan post-Amazon
No one home: Japan’s dwindling population means a housing oversupply

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

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

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...