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Rising mortgage rates seen as a recovery threat
San Francisco Chronicle, USA The Pleasant Hill resident was forced to lower his planned offer on a four-bedroom ranch house in Alamo after a rate spike during the past few weeks added several hundred dollars to the potential monthly payment. At press time, he was still awaiting a … |
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Mortgage rates top 5%, first time since March
San Francisco Chronicle, USA AP Rates on 30-year home loans surged above 5 percent for the first time in nearly three months last week as investors pushed up rates on long-term government debt, which is closely tied to mortgage rates. AP sources: Cuban spies very difficult to find … Rising mortgage rates could spur undecided buyers Middle East North Africa Financial Network all 14 news articles |
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Today's Mortgage Rates Threaten Economy
HULIQ, NC With rising current mortgage rates, the speed of economic recovery is once again in question. Potential home-buyers faced a fourth straight week of rate hikes among 30 and 15-year fixed as well as 1 and 5-year ARMS. Up until them middle of May, … |
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Mortgage Rates: New High for 2009
Seeking Alpha, NY Fixed US mortgage rates jumped to the highest level this year, signaling the Federal Reserve's plan to lower borrowing costs has stalled. The average 30-year rate rose to 5.29 from 4.91 percent a week earlier, Freddie Mac, the McLean, Virginia-based … |
Jun 062009
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Rising mortgage rates could spur undecided buyers
Middle East North Africa Financial Network, Jordan By MarketWatch Mortgage rates took a big leap this week, causing many to wonder if the days of extremely low mortgage rates are coming to an end. The 30-year fixed-rate mortgage averaged 5.29% this week, up from last week's 4.91% average, according to … |
