Mortgage Rates Decrease to 5.50%
For the week ending 7.28.22 Mortgage rates decreased 24bp to 5.50%. For a $100,000 loan the monthly payment decreased $15
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For the week ending 7.28.22 Mortgage rates decreased 24bp to 5.50%. For a $100,000 loan the monthly payment decreased $15
Mortgage Rates Today Mortgage rates increased 3 basis points this week to 5.74% down from a high of 6.01% in
For the week ending 7.7.22 Mortgage rates decreased 43 bps to 5.50%. For a $100,000 loan the monthly payment decreased
For the week ending 6.30.22 Mortgage rates decreased 8 bps to 5.93%. For a $100,000 loan, the monthly payment decreased
Mortgage rates remained at 6.01% for the week ending June 23rd, 2022, while 10 Year US Treasuries DECREASED by19 basis
10 Year US Treasury rates are up 39 basis points. This will cause mortgage rates to exceed 6.00% in the next
At the start of 2022 mortgage rates increased FASTER than the 10-year Treasury rates. This past week the 10 Year treasury rates increased 17 bps while Mortgage rates decreased by 3 bps thus a 20 bps decrease in spread occurred.
Nearly 4 years ago in November 2018 mortgage rates briefly went about 5.00% and sales of New Homes stalled, and
Inflation improved in April, and as such the Yield Curve dropped particularly for longer-term rates this past week
Mortgage rates decreased 15 basis points, while 10 Year US Treasuries decreased 9 bps, thus spread decreased by 6 bps to 258 bps or 90 bps ABOVE the 168 bps average.
Mortgage rates decreased 5 basis points while 10 Year US Treasuries had NO Change, thus spread decreased by 5bp to
A 3-bps increase is a $2 a month payment increase for a $100,000 loan. That is a $0.06 (six cents) a day increase. Rates are virtually unchanged.
Mortgage rates have increased 20 bps while 10 Year US Treasuries have also increased by 20 bps, thus the spread
Existing homes Sales continue to pull back due to record low available homes for sale and due to increasing interest
MORTGAGE RATES ARE NOW WELL ABOVE 5.00% and decreased 1 bps to 5.30%. For a $100,000 loan, the monthly payment decreased by $1 to $555 which is equal to $0.02 a day.