Mortgage Rates Archive

April 2017 Housing Affordability Index

At the national level, housing affordability is down from last month and down from a year ago. Mortgage rates increased to 4.11 percent this April, up compared to 3.89 percent a year ago. Housing affordability declined from a year...

REALTORS® Reported Strong Buyer Traffic in Many States in April 2017

In the monthly REALTORS® Confidence Index Survey, the National Association of REALTORS® asks members “How do you rate the past month’s buyer/seller traffic in the neighborhood(s) or area(s) where you make most of your sales?” The REALTORS® Buyer Traffic Index...

Rates Moderate, For Now

After surging in the wake of the election, mortgage rate are back on the decline. The average rate for a 30-year fixed rate mortgage was 3.97 percent for three-day period ending April 19th according a release from Freddie Mac...

Stressed Over Higher Interest Rates?

Mortgage rates have risen since the election of Donald Trump, from 3.5% to the recent 4.2%. Bond investors are perceiving an economic stimulus package to uplift the economy. More business activity, greater commerce, and faster job growth are certainly...

October 2016 Housing Affordability Index

At the national level, housing affordability is up from a year ago for the fourth consecutive month. Mortgage rates dipped and stood at 3.76 this October but they are already higher for current home shoppers. Housing affordability increased from...