|
|
30-Year Mortgage Rates Rise to 6.30%
Summary from United States, from articles in English
[UPDATED] (see summary with new information since yesterday)
|
Mortgage-giant Freddie Mac reported Thursday that 30-year, fixed-rate mortgages rose to 6.37 percent, up from 6.30 percent last week, which had been the lowest level since they were at 6.24 percent the first week of March. (article 7)
The drop in mortgages has spurred a rebound in mortgage applications, driven in part by homeowners with adjustable rate mortgages who want to refinance to a fixed rate before their current mortgages reset to a higher monthly payment. (article 8)
A year ago, rates on 30-year mortgages stood at 6.28 percent while 15-year mortgages were at 5.91 percent, five-year adjustable-rate mortgages averaged 5.95 percent and one-year ARMs were at 5.36 percent. (article 1)
Rates on 30-year mortgages dropped this week to the lowest level in a month as financial markets viewed new evidence of a slowing economy as a sign that inflation will decline. (article 11)
" General consensus leans heavily toward the notion that the Fed will not raise rates at that meeting, taking upward pressure off mortgage rates this week said Frank Nothaft (article 5)
Rates on 30-year mortgages fell for the first time since early December as lower-than-expected job growth eased worries in financial markets about inflation. (article 3)
|
Other stories about Fed, rate and mortgages:
Event tracking:
Story keywords
|
Fed, rate, mortgages, market, financial |
Source articles
- 30-Year Mortgage Rates Rise to 6.30% (Washington Post, 08/20/2007, 349 words)
- 30-Year Rates Inch Up to 6.25% (Washington Post, 08/20/2007, 258 words)
- 30-Year Mortgage Rates Fall to 6.28% (Washington Post, 08/20/2007, 331 words)
- 30-Year Mortgage Rates Jump to 6.40% (Washington Post, 08/20/2007, 368 words)
- 30-Year Mortgage Rates Dip to 6.36% (Washington Post, 08/20/2007, 307 words)
- 30-Year Rates Inch Up to 6.33% (Washington Post, 08/20/2007, 443 words)
- 30-Year Rates Rise to 6.37% (Washington Post, 08/20/2007, 364 words)
- 30-Year Rates Tick Down to 6.30% (Washington Post, 08/20/2007, 497 words)
- 30-Year Rates Rise to 6.21% (Washington Post, 08/20/2007, 493 words)
- 30-Year Rates Creep Up to 6.23% (Washington Post, 08/20/2007, 480 words)
- 30-Year Mortgage Rates Fall to 6.31% (Washington Post, 08/20/2007, 499 words)
|
|
blaster@cs.columbia.edu
|
