Edition: Global  
One News Page
“Probably the fastest-access news portal in the world”
> >

U.S. mortgage rates reverse course and rise

bizjournals Monday, 19 June 2017
After weeks of declines, U.S. mortgages rates rose this week, according to Freddie Mac. The 30-year fixed mortgage averaged 3.91 percent for the week ending June 15, up from 3.89 percent the previous week. A year ago, mortgage rates stood at 3.54 percent. Favorable mortgage rates have helped propel U.S. home sales and the refinance market. “The 30-year mortgage rate rose 2 basis points over the week to 3.91 percent,” said Sean Becketti, chief economist at Freddie Mac. “However, our survey…
Share on
Share on
Post on 
Share by
Source: Wochit Business - < > Embed

News video: US Federal Reserve Raises Interest Rates

US Federal Reserve Raises Interest Rates 00:45

On Wednesday, the US Federal Reserve raised interest rates for the second time in three months. In a statement, the Reserve cited continued economic growth and job market strength in the US as the main reasons. The reserve went on to announce that it would begin cutting its holdings of bonds and...

Recent related news

US long-term mortgage rates decline to 3.9 percent

WASHINGTON (AP) — Long-term U.S. mortgage rates slipped this week, a sign that borrowing costs are largely stable even as the Federal Reserve has raised its...
SeattlePI.com - BusinessAlso reported by •Seattle TimesbizjournalsMarketwired

You Might Like

Other recent news in Business

Uber moves closer to 'multibillion dollar' SOFTBANK investmentBusiness groups issue Theresa May with BREXIT ultimatum
QUALCOMM rejects Broadcom's $105 billion takeover attempt, stalling the largest tech deal ever (AVGO, QCOM)Hong Kong stocks set to fall as concern over delay in US TAX REFORM hits Wall Street
UK's biggest private company buys mainland EUROPE's oldest football clubBill Gates pledges $50m to LONDON-based fund searching for dementia cure
BITCOIN's back above $6,000 after a weekend plungeGENERAL ELECTRIC just slashed its dividend — and that could save its stock from free-fall (GE)
Ladbrokes Coral's high street REVENUE has declined (again)Bennett's Bottle: The champagne you should treat yourself to this CHRISTMAS


Environmentally friendly: One News Page is hosted on servers powered solely by renewable energy
© 2017 One News Page Ltd. All Rights Reserved.  |  About us  |  Disclaimer  |  Press Room  |  Terms & Conditions  |  Privacy Policy  |  Content Accreditation
 RSS  |  News for my Website  |  Free news search widget  |  Help  |  Contact us  |  DMCA / Content Removal
How are we doing? Send us your feedback  |   LIKE us on Facebook   FOLLOW us on Twitter   FIND us on Google+