Mortgage Rates Go Down To 4.31%
US Mortgage Real Estate News
United States — Monday, December 16, 2013National mortgage rates on 30-year fixed mortgages fell 1 basis points from 4.32% to 4.31% on December 16, 2013, according to Zillow Mortgage Marketplace. As a comparison, state rates ranged from a low of 4.27% (FL, NJ, PA) to a high of 4.38% (HI).Compared to the week prior to December 16, 2013, the national 30-year mortgage rate is up 1 basis point from 4.30%. Compared to three months ago, the 30-year rate is down 16 basis points from its average rate of 4.47%.
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Will Jobs Report Push Rates Up
Mortgage News
This morning's February employment report had mixed news for the economy and for mortgage borrowers.
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Mortgage Rates Rise as Geopolitical Fears Subside
Mortgage rates moved moderately higher today, erasing most of the improvement seen since Thursday afternoon. At that time, global markets including the bond markets that most directly ... Ref. Source 8
Jobs Report Not Bad For Mortgage Rates
Mortgage News
Job growth has been steady but not impressive. Could that mean lower mortgage rates?
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Borrowers Dodge Jobs Report Bullet
Mortgage News
Mortgage rates didn't move after investors realized that the jobless rate plunged because the workforce shrank.
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I recently locked in for a 5 year mortgage in Ontario Canada at 3.0%. I figured with all that is going on it is a reasonable rate which I can afford and is now synched up with the election period in the states which improves my chance next time round for a reasonable rate. The variable rate here is 2.8%. Many laughed at me but variable has been over 3% during my contract time. When on a fixed budget if you can do the fixed it puts my mind at ease knowing I can make the payment
International Level: Senior Politician / Political Participation: 188 18.8%
I can't say well done on that. For your sake I hope there isn't some global economic melt down that will make that rate skyrocket and risk you losing your home.
International Level: Junior Politician / Political Participation: 100 10%