Mortgage rates rise for second consecutive week

mortgage interest rates increased for a second consecutive week, with the average rate for a 30-year, fixed-rate mortgage (FRM) hitting 3.52%, up from 3.47%, according to Freddie Mac’s Primary.

Prior to the past two weeks of increases, average mortgage rates declined for almost two months straight. Mortgage rates were expected to rise again this week because 10 year bond yields rose 7 basis points. Average 30 year mortgage rates increased to 3.79 percent, up from the prior week’s average rate of 3.76 percent.

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The refinance share of mortgage activity remained unchanged from last week at 41.8% of total applications. The adjustable-rate mortgage share of activity increased to 7.3% of total applications, up.

"The increase in rates has shocked consumers.I didn't. 18 from the prior one, the seventh consecutive weekly decline, and the second since.

After a slow fall and winter that had mortgage rates rising and affordability.. for two consecutive weeks, mortgage rates surged again rising to their second.

MCLEAN, VA–(Marketwired – Jun 16, 2016) – Freddie Mac ( OTCQB : FMCC ) today released the results of its Primary Mortgage Market Survey® (PMMS ®), showing average fixed mortgage rates declining for.

Canadians managing mortgages despite soaring household debt load More online mortgage shopping equals lower servicer retention rates If you want to shop online. Since the mortgage meltdown and housing bust, most borrowers have steered toward the shelter of fixed-rate loans, despite adjustable-rate mortgages that are even lower..Statistics Canada said the ratio of household credit market debt – which includes mortgages, consumer credit and loans – fell to 150.6 percent of income in the final quarter of last year from a.

Long-Term Mortgage Rates Rise For Second Consecutive Week. March 15, 2002. 1-Year ARM Rate Barely Changed From Previous Week. McLean, VA ? In Freddie Mac’s Primary Mortgage Market Survey, the 30-year fixed-rate mortgage (FRM) averaged 7.08 percent, with an average 0.7 point, for the week ending March 15, 2002, up from 6.87 percent last week.

Mortgage rates were on the rise in the week ending 6 th September, a second consecutive week of gains coming off the back of 3 consecutive weeks of decline.

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NEW YORK, May 26, 2016 /PRNewswire/ — Mortgage rates increased again this week, with the benchmark 30-year fixed mortgage rate rising to 3.82 percent, Bankrate: Mortgage Rates Rise for Second.

30-Year Fixed Mortgage Rates Rise for Second Consecutive Week; Current Rate is 4.28%, According to Zillow Mortgage Rate Ticker By Published: Aug 6, 2013 2:02 p.m. ET

Mortgage rates for 30-year fixed mortgages rose again this week, with the current rate borrowers were quoted on Zillow Mortgage Marketplace at 4.25 percent, up from 4.14 percent at this same time last week. The 30-year fixed mortgage rate spiked to 4.22 percent on Wednesday and hovered between 4.23 and 4.28 percent for the majority of the week.

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