Mortgage Rates Decreased in January

Mortgage Rates Decreased in January Nationally, interest rates on conventional purchase-money mortgages decreased from December to January, according to several indices of new mortgage contracts. The National Average Contract Mortgage Rate for the Purchase of Previously Occupied Homes by Combined Lenders Index was 4.60 percent for loans closed in late January, down 23 Read more…

Interest Rates

Interest Rates in December 2018

Interest rates on conventional purchase-money mortgages were nearly flat from November to December. This is according to several indices of new mortgage contracts. The National Average Contract Mortgage Rate for the Purchase of Previously Occupied Homes by Combined Lenders Index was 4.83 percent.  This includes loans closed in late December, Read more…

Banks and Banking

Mortgage Rates Increased in October 2018

Mortgage Rates Increase in October 2018 ​Nationally, interest rates on conventional purchase-money mortgages increased from September to October, according to several indices of new mortgage contracts. The National Average Contract Mortgage Rate for the Purchase of Previously Occupied Homes by Combined Lenders Index was 4.75 percent. for loans closed in Read more…

Mortgage Rates Increased In August

FHFA Index Shows Mortgage Rates Increased in August News Release: ​​Washington, D.C. – Nationally, interest rates on conventional purchase-money mortgages increased from July to August, according to several indices of new mortgage contracts. The National Average Contract Mortgage Rate for the Purchase of Previously Occupied Homes by Combined Lenders Index Read more…

Mortgage Rates Increased in July

FHFA Index Shows Mortgage Rates Increased in July Washington, D.C. – Nationally, interest rates on conventional purchase-money mortgages increased from June to July, according to several indices of new mortgage contracts. The National Average Contract Mortgage Rate for the Purchase of Previously Occupied Homes by Combined Lenders Index was 4.60 percent for Read more…

Mortgage Rates Increased in June

FHFA Index Shows Mortgage Rates Increased in June ​Washington, D.C. – Nationally, interest rates on conventional purchase-money mortgages increased from May to June, according to several indices of new mortgage contracts. The National Average Contract Mortgage Rate for the Purchase of Previously Occupied Homes by Combined Lenders Index was 4.59 percent Read more…

FHFA Says Rates Increased in May

FHFA Index Shows Mortgage Rates Increased in May Washington, D.C. – Nationally, interest rates on conventional purchase-money mortgages increased from April to May, according to several indices of new mortgage contracts. The National Average Contract Mortgage Rate for the Purchase of Previously Occupied Homes by Combined Lenders Index was 4.57 percent Read more…