4.16: Rates Bounce Back Up
✉️ Want to forward this article? Click here.
Rates bounced back up this week.
On Thursday morning, Freddie Mac reported 4.16 percent with an average 0.8 point as the average on a 30-year fixed-rate mortgage.
Two weeks ago, rates dropped from 4.28 to 4.13 percent; last week, they continued their fall to 4.10.
From Freddie Mac vice president and chief economist Frank Nothaft on today’s rates:
Fixed mortgage rates rebounded slightly this week on more positive economic data releases.
The UrbanTurf Mortgage Rate Disclaimer: The rates reported by Freddie Mac for 30-year mortgages are usually the best rates that the most qualified borrowers can get, so borrowers or those considering refinancing should not necessarily read this news and think that they can go out and get a loan with the quoted interest rate.
Here’s a look at the path of rates since January 2010:
See other articles related to: mortgage rates
This article originally published at http://dc.urbanturf.production.logicbrush.com/articles/blog/4.16_rates_bounce_back_up/7794.
Most Popular... This Week • Last 30 Days • Ever
A look at the closing costs that homebuyers pay at the closing table.... read »
3331 N Street NW sold in an off-market transaction on Thursday for nearly $12 million... read »
In this article, UrbanTurf will explore the considerations and steps involved in buyi... read »
The most expensive home to sell in the DC region in years closed on Halloween for an ... read »
Paradigm Development Company has plans in the works to build a 12-story, 110-unit con... read »
DC Real Estate Guides
Short guides to navigating the DC-area real estate market
We've collected all our helpful guides for buying, selling and renting in and around Washington, DC in one place. Start browsing below!
First-Timer Primers
Intro guides for first-time home buyers
Unique Spaces
Awesome and unusual real estate from across the DC Metro