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Mortgage Rates Jump To Highest Level Since February 2011 - Latest News


US mortgage rates jump to highest level in nearly 8 years

fixed rate mortgage rose to 4.94 percent, from 4.83 percent last week. That is the highest level since February 2011. A year ago the rate was 3.9 percent. The average rate on a 15-year, fixed rate loa... read more

MBA: Mortgage applications jump more than 20%

“The surge in refinance activity also brought the refinance index to its highest level ... mortgage activity rose to 45.8% of total applications, increasing from 42.7% the previous week. This is the h... read more

Mortgage applications lowest since 2014 as rates rise

Consumers filed the fewest requests for a mortgage ... Interest rates on 30-year conforming mortgages, whose balances are $453,100 or less, on average climbed 0.05 percentage point, to 5.1 percent, wh... read more

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Mortgage rates stand pat as federal shutdown creates uncertainty about economy

Their uncertainty has left mortgage rates stuck in place ... with total volume last week coming in at the highest level since last February,” said Bob Broeksmit, MBA president and CEO. “Even more nota... read more


Mortgage Applications in U.S. Spike 13 Percent in Mid-January

The Market Composite Index, a measure of mortgage loan application volume, increased 13.5 percent on a seasonally adjusted basis from one week earlier to its highest level since February ... Mortgage ... read more

Rising Rates Knock U.S. Mortgage Activity to Lowest Since 2014: MBA

(Reuters) - U.S. consumers filed the fewest requests for a mortgage ... rates on 30-year conforming mortgages, whose balances are $453,100 or less, on average climbed 0.05 percentage point to 5.10 per... read more

Mortgage rates shoot up to highest level in nearly 8 years

The 30-year fixed was last this high in February 2011. The 15-year fixed ... "The steady rise in mortgage rates ... continues to weigh on mortgage applications, as total volume fell last week to its l... read more

Mortgage Apps Take a Nosedive, Rates on the Rise

Mortgage applications were ... There was a 6 basis point jump in the average contract interest rate for 15-year fixed-rate mortgages, taking them to their highest level since February 2011, 4.50 perce... read more

Mortgage applications jump 13.5 percent despite effects of shutdown

The 13.5 percent spike is the greatest since last February ... rate mortgages as opposed to fixed-rate loans. Thus, it is not surprising to see the ARM share at its highest level since 2014." RELATED ... read more

US average mortgage rates remain near 8-year highs

fixed-rate mortgage was unchanged from last week at 4.94 percent. That’s the highest level for the benchmark rate since February 2011. A year ago the rate stood at 3.95 percent. The average rate on a ... read more

Mortgage applications surge 13.5% as borrowers rush to take advantage of lower rates

That is its highest level since February ... drop in mortgage rates over the past two months has given new life to the refinance market. Still, it is also important to note that a jump in mortgage ... read more

Mortgage Applications Tumble as Interest Rates Continue Climbing

last week’s average mortgage loan rate for a conforming 30-year fixed-rate mortgage rose from 5.05% to 5.10%, its highest level since February 2011. The rate for a jumbo 30-year fixed-rate mortgage ti... read more



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