{"id":4973,"date":"2017-06-16T00:00:00","date_gmt":"2017-06-16T00:00:00","guid":{"rendered":"https:\/\/amazingproperty.com.ng\/blog\/after-steady-decline-mortgage-rates-rise\/"},"modified":"2017-06-16T00:00:00","modified_gmt":"2017-06-16T00:00:00","slug":"after-steady-decline-mortgage-rates-rise","status":"publish","type":"post","link":"https:\/\/amazingproperty.com.ng\/blog\/after-steady-decline-mortgage-rates-rise\/","title":{"rendered":"After Steady Decline, Mortgage Rates Rise"},"content":{"rendered":"<p> [ad_1]<br \/>\n<\/p>\n<div readability=\"36.523109243697\">\n<!--\n\n<pre>-->  <\/p>\n<div property=\"dc:description\" readability=\"19.478991596639\"><!--paging_filter--><\/p>\n<p><span style=\"font-size: 14.4px;\"><img data-recalc-dims=\"1\" decoding=\"async\" alt=\"\" src=\"https:\/\/i0.wp.com\/realtormag.realtor.org\/sites\/realtormag.realtor.org\/files\/rmo_files\/images\/2017_jun\/rates061517.png\" style=\"width: 620px; height: 252px;\"\/><\/span><\/p>\n<p><span style=\"font-size: 14.4px;\"><a href=\"https:\/\/amazingproperty.com.ng\/blog\/mortgage-preapproval-guide-for-home-buyers\/\">Mortgage<\/a> rates increased this week for the first time in more than a month, but they still remain near their yearly lows.<\/span><\/p>\n<p><span style=\"font-size: 14.4px;\">\u201c<\/span>The 30-year mortgage rate rose 2 basis points over the week to 3.91 percent,\u201d says Sean Becketti, Freddie Mac\u2019s chief economist. \u201cHowever, our survey was conducted before investors drove Treasury yields sharply lower in a reaction to the surprisingly weak [Consumer Price Index] release. If that drop in yields sticks, mortgage rates are likely to follow in next week<span style=\"font-size: 14.4px;\">\u2019<\/span>s survey.<span style=\"font-size: 14.4px;\">\u201d<\/span><\/p>\n<p>Freddie Mac reports the following national averages of mortgage rates for the week ending June 15:<\/p>\n<ul>\n<li><strong>30-year fixed-rate mortgages:<\/strong> averaged 3.91 percent, with an average 0.5 point, rising from last week\u2019s 3.89 percent average. Last year at this time, 30-year rates averaged 3.54 percent.<\/li>\n<li><strong>15-year fixed-rate mortgages: <\/strong>averaged 3.18 percent, with an average 0.5 point, increasing from last week\u2019s 3.16 percent average. A year ago, 15-year rates averaged 2.81 percent.<\/li>\n<li><strong>5-year hybrid adjustable-rate mortgages: <\/strong>averaged 3.15 percent, with an average 0.5 point, rising from last week\u2019s 3.11 percent average. A year ago, 5-year ARMs averaged 2.74 percent.\u00a0<\/li>\n<\/ul>\n<p><em>Source: Freddie Mac<\/em><\/p>\n<\/div>\n<\/div>\n<p>[ad_2]<br \/>\n<br \/><a hre=\"http:\/\/feedproxy.google.com\/~r\/DailyRealEstateNews\/~3\/IQP5a7BWINQ\/after-steady-decline-mortgage-rates-rise\"> Realtors.org <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>[ad_1] Mortgage rates increased this week for the first time in more than a month, but &hellip; <a title=\"After Steady Decline, Mortgage Rates Rise\" class=\"hm-read-more\" href=\"https:\/\/amazingproperty.com.ng\/blog\/after-steady-decline-mortgage-rates-rise\/\"><span class=\"screen-reader-text\">After Steady Decline, Mortgage Rates Rise<\/span>Read more<\/a><\/p>\n","protected":false},"author":1,"featured_media":4974,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"advanced_seo_description":"","jetpack_seo_html_title":"","jetpack_seo_noindex":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[4],"tags":[408,1295,312,41,818,479],"class_list":["post-4973","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-opportunities-in-new-markets","tag-mortgage","tag-mortgage-rate","tag-mortgages","tag-property","tag-real","tag-realtor"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/06\/rates061517.png?fit=620%2C252&ssl=1","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/posts\/4973","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/comments?post=4973"}],"version-history":[{"count":0,"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/posts\/4973\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/media\/4974"}],"wp:attachment":[{"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/media?parent=4973"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/categories?post=4973"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/tags?post=4973"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}