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Mortgage Rates Shoot Up To Their Highest Level In Nearly 8 Years - Latest News


Mortgage rates shoot up to highest level in nearly 8 years

WASHINGTON -- Strong employment numbers caused mortgage rates to take off with the 30-year fixed-rate average the highest it has been in nearly eight years. According to the ... volume fell last week ... read more

Mortgage rates stand pat as federal shutdown creates uncertainty about economy

Without access to the usual economic data because of the federal government shutdown, mortgage lenders are left with a murky picture of where the economy is headed. Their uncertainty has left mortgage ... read more

Mortgage Rates Lowest in Nearly a Year

Mortgage rates have been plummeting, depending on your definition of the word. To be sure, the past 2 months have no competition in nearly 3 years. The past few days have been special in their ... Hig... read more

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US mortgage rates jump to highest level in nearly 8 years

U.S. mortgage rates jumped this week to the highest level in almost eight years, a trend that is pulling down home ... The yield on the 10-year reached 3.23 percent Thursday, up nearly a full percenta... read more


Rally Continues As Housing Data Is In Focus

REITs are up more than 6% this year, while the Housing Industry Index is up nearly ... highest level since 2010. Corroborating the sensitivity of single-family housing demand to mortgage rates ... read more

US average mortgage rates remain near 8-year highs

U.S. long-term mortgage rates were steady to slightly up this week, at their highest levels in nearly eight years and dampening home sales ... That’s the highest level for the benchmark rate since Feb... read more

Higher rates of gun ownership drives up youth suicides: Every 10% spike in firearms equates to 27% increase in children taking their lives, first-of-its kind study finds

... rate of youth suicides goes up by nearly 27 percent, according to the new Boston University study. In Alaska, 59.8 percent of households have guns, and the rate of suicide among teenagers and chil... read more

Bank of England raises interest rates to 0.75% - highest level since 2009

The Bank of England has raised UK interest rates above their crisis lows for the first time in nearly ... 8%. It also predicted that inflation would be 0.1 percentage points higher this year and next ... read more

US average mortgage rates flat to higher; 30-year 4.94 pct.

WASHINGTON (AP) — U.S. long-term mortgage rates were steady to slightly up this week, at their highest levels in nearly eight years and dampening home sales ... That’s the highest level for the benchm... read more

US average mortgage rates steady; 30-year stays at 4.81 pct.

WASHINGTON — U.S. long-term mortgage rates barely budged this week after marking the biggest drop in nearly four years ... 8.9 percent in October as the number of newly built, unsold homes sitting on ... read more

Cooling trend could end up boding well for home buyers

Mortgage rates hit their highest level in nearly eight years in early November — 5.15 percent for a ... Rather than pursuing a move-up or downsizing purchase — requiring a new mortgage at today’s rate... read more

Mortgage Rates Nominally Higher Despite Bond Market Warning

Those risks involve the broader bond market from which mortgage-related bonds take their ... rates) Highest rates in more than 7 years in Oct/Nov. 8-month lows by the end of the year This is a bit of ... read more



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