Fixed mortgage rates hold steady as political, economic concerns fester

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Mortgage rates were broadly unchanged today, despite negative cues from underlying bond markets. In other words, the bonds that account for most mortgage rate movement suggested higher rates–at.

 · mortgage interest rates depend on a great deal on the expectations of investors. Good economic news tends to be bad for interest rates because an active economy raises concerns about inflation. Inflation causes fixed-income investments like bonds to lose value, and that causes their yields (another way of saying interest rates) to increase.

According to the Mortgage Bankers Association’s Weekly Applications Survey, average mortgage rates increased last week across all loan categories, including 30-year fixed-rate loans with both conforming and jumbo balances, loans backed by the Federal Housing Administration, and 15-year fixed-rate mortgages.

Merryn: I’m here today with Paul Hodges, Chairman of IeC and an expert in the economic impact of. so the fact that mortgage rates are now at their lowest ever, pretty much, and you can get a.

Mortgage Rates Hold Steady.. Average U.S. mortgage rates stayed virtually unchanged across the board this week, with the 30-year fixed rate remaining at a low 6.69 percent.

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Those shopping around for a home loan should compare mortgage lenders to make sure you’re getting the best rate for your situation. "If the economy stays strong, mortgage rates will rise.

This past August, the city’s unemployment rate stood at 9.6 percent, just over the national rate of 9.5. But New York’s economy will never. Social distress and political mismanagement only.

Fixed mortgage rates continue their slide, falling to two-month lows. is one who expects rates to hold steady. "Even with the political gridlock and ever-widening division between government.

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Mortage Rates Hold Steady.. Fifteen-year fixed rate mortgages edged slightly higher to 6.61 percent from 6.6 percent last week.. "While the problems in the Asian markets will hurt some areas.

Time to buy a house? 30-year fixed mortgage rate sinks to lowest level in 9 months. is one who expects rates to hold steady. "Rates have remained mostly the same during the month of August and.

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NEW YORK – Mortgage rates have settled in, undeterred by conflicting economic data, global political and economic concerns and recent Federal Reserve signals. According to the latest data.

Bank of America shifts West Coast foreclosures into overdrive NAR’s Yun forecast for 2019 housing sales: New homes will drive market gains “The job market is weakening,” said Mark Zandi. The Federal Reserve last month cut its outlook for economic growth for the next two years and forecast no interest-rate hikes for 2019. The ADP data.