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Purchase mortgage rates jump to 5 55%

The 30-year fixed-rate mortgage increased 42 basis points this week to an average of 5.55%, up from last week’s 5.13%. A year ago this time, rates averaged 2.87%.

Freddie macSam khaterDoug duncanHousingwire mortgage rates centerStrategic research groupFederal reserveMortgage bankers associationFannie maeMortgage rates centerBlack knightOptimal blueConsumer price indexChief economist doug duncan

Purchase mortgage rates beginning to stabilize in the low 5% range

Purchase mortgage rates declined this week on the news that inflation appears to have peaked. They fell to 5.13% this week, down nine basis points.

Freddie macSam khaterHousingwire mortgage rates centerFederal reserveMortgage bankers associationConsumer price indexMortgage rates centerBlack knightOptimal blue

Purchase mortgage rates are back above 5%

The 30-year fixed-rate mortgage increased this week to average 5.22%, up from last week’s 4.99%. A year ago this time, rates averaged 2.77%.

Freddie macSam khaterHousingwire mortgage rates centerFederal reserveMortgage bankers associationConsumer price indexMortgage rates centerBlack knightOptimal blue

Cheer up, at least purchase mortgage rates are now below 5%

Purchase mortgage rates dropped for the third consecutive week and are now below the 5% level, reflecting a Fed monetary policy.

Freddie macSam khaterHousingwire mortgage rates centerFederal reserveMortgage bankers associationMortgage rates centerBlack knightOptimal blue

Purchase mortgage rates fall same week as Fed s rate hike

Purchase mortgage rates dropped after climbing two consecutive weeks, reflecting declining consumer confidence and a "technical recession."

Freddie macLawrence yunSam khaterHousingwire mortgage rates centerUs department of housingNational association of realtorsUs census bureauMortgage bankers associationNational associationUrban developmentMortgage rates centerBlack knightOptimal blue

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