Tag Archives: Mortgage Rates

30-Year Residential Mortgage Rates Jump to 3.94 Percent Vs 3.57 Percent a Week Ago

One week following the U.S. Presidential election, 30-year conventional fixed-rate residential loans rocketed up 37 basis points from 3.57 percent to 3.94 percent as investors commenced dumping their low-yielding Treasuries in anticipation of rising rates due to a stronger economy. Mortgage rate data are from Freddie Mac’s weekly Primary Mortgage Market Survey http://www.freddiemac.com/pmms/archive.html?year=2016. The 37 …Read more

A Look at Refinance and Purchase Lending Expectations for 2016

Transaction volume is the backbone for real estate professionals. Sellers selling, buyers buying — and for those impacted by refinancing – borrowers with mortgage loans refinancing are key to the livelihoods of an array of real estate professionals. Except for all-cash buyers, lending is the key metric in showing past and future transaction volumes. Lending …Read more

Interest Rates Impacting Real Estate – July 25 2015 – Issue 9

This is the 9th issue of the weekly overview of interest rates impacting real estate: 10-year constant-rate Treasury Notes and 30-year fixed-rate residential loans. To see the prior Issue click http://blog.stewart.com/stewart/2015/07/21/interest-rates-impacting-real-estate-july-17-2015-issue-8/ The first graph shows the 10-year Treasury note for the past 30 days. The 10-year Treasury closed Friday at 2.26 percent, down 10 basis …Read more