{"id":6898,"date":"2017-11-03T00:00:00","date_gmt":"2017-11-03T00:00:00","guid":{"rendered":"https:\/\/amazingproperty.com.ng\/blog\/mortgage-rates-mostly-flat-this-week\/"},"modified":"2017-11-03T00:00:00","modified_gmt":"2017-11-03T00:00:00","slug":"mortgage-rates-mostly-flat-this-week","status":"publish","type":"post","link":"https:\/\/amazingproperty.com.ng\/blog\/mortgage-rates-mostly-flat-this-week\/","title":{"rendered":"Mortgage Rates Mostly Flat This Week"},"content":{"rendered":"<p>\n<\/p>\n<div readability=\"36.152079722704\">\n<!--\n\n<pre>-->  <\/p>\n<div property=\"dc:description\" readability=\"17.82842287695\"><!--paging_filter--><\/p>\n<p><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_nov\/rates110317.png\" style=\"width: 620px; height: 252px;\"\/><\/p>\n<p><a href=\"https:\/\/amazingproperty.com.ng\/blog\/mortgage-preapproval-guide-for-home-buyers\/\">Mortgage<\/a> rates mostly held steady this week after posting a sizable jump last week.\u00a0<\/p>\n<p>\u201cFollowing a strong surge last week, rates held relatively flat this week,\u201d says Sean Becketti, Freddie Mac\u2019s chief economist. \u201cThe 30-year mortgage rate remained unchanged at 3.94 percent, while the 10-year Treasury yield dipped roughly 4 basis points. The markets\u2019 reaction to the upcoming announcement of the next Fed chair may impact the movement of rates in next week\u2019s survey.\u201d\u00a0<\/p>\n<p>Freddie mac reports the following national averages with mortgage rates for the week ending Nov. 2:<\/p>\n<ul>\n<li><strong>30-year fixed-rate mortgages;<\/strong> averaged 3.94 percent, with an average 0.5 point, the same average as last week. Last year at this time, 30-year rates averaged 3.54 percent.<\/li>\n<li><strong>15-year fixed-rate mortgages:<\/strong> averaged 3.27 percent this week, with an average 0.5 point, rising from last week\u2019s 3.25 percent average. A year ago, 15-year rates averaged 2.84 percent.\u00a0<\/li>\n<li><strong>5-year hybrid adjustable-rate mortgages:<\/strong> averaged 3.23 percent, with an average 0.5 point, rising from last week\u2019s 3.21 percent average. A year ago, 5-year ARMs averaged 2.87 percent.\u00a0<\/li>\n<\/ul>\n<p><em>Source: Freddie Mac<\/em><\/p>\n<\/div>\n<\/div>\n<p><a hre=\"http:\/\/feedproxy.google.com\/~r\/DailyRealEstateNews\/~3\/mLHsHXFPb7o\/mortgage-rates-mostly-flat-week\"> Realtors <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Mortgage rates mostly held steady this week after posting a sizable jump last week.\u00a0 \u201cFollowing a &hellip; <a title=\"Mortgage Rates Mostly Flat This Week\" class=\"hm-read-more\" href=\"https:\/\/amazingproperty.com.ng\/blog\/mortgage-rates-mostly-flat-this-week\/\"><span class=\"screen-reader-text\">Mortgage Rates Mostly Flat This Week<\/span>Read more<\/a><\/p>\n","protected":false},"author":1,"featured_media":6899,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"advanced_seo_description":"","jetpack_seo_html_title":"","jetpack_seo_noindex":false,"jetpack_seo_schema_type":"","_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_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-6898","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\/11\/rates110317.png?fit=620%2C252&ssl=1","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":4809,"url":"https:\/\/amazingproperty.com.ng\/blog\/a-new-2017-low-struck-with-mortgage-rates\/","url_meta":{"origin":6898,"position":0},"title":"A New 2017 Low Struck with Mortgage Rates","author":"Amazing Property","date":"June 2, 2017","format":false,"excerpt":"[ad_1] The 30-year fixed-rate mortgage moved lower for the third consecutive week and set a new low for the year, Freddie Mac reports. \"In a short week following Memorial Day, the 10-year Treasury yield fell 4 basis points,\u201d says Sean Becketti, Freddie Mac\u2019s chief economist. \u201cThe 30-year mortgage rate remained\u2026","rel":"","context":"In &quot;Opportunities In New Markets&quot;","block_context":{"text":"Opportunities In New Markets","link":"https:\/\/amazingproperty.com.ng\/blog\/category\/opportunities-in-new-markets\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/06\/rates060117.png?fit=620%2C252&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/06\/rates060117.png?fit=620%2C252&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/06\/rates060117.png?fit=620%2C252&ssl=1&resize=525%2C300 1.5x"},"classes":[]},{"id":6797,"url":"https:\/\/amazingproperty.com.ng\/blog\/mortgage-rates-jump-to-3-month-high\/","url_meta":{"origin":6898,"position":1},"title":"Mortgage Rates Jump to 3-Month High","author":"Amazing Property","date":"October 27, 2017","format":false,"excerpt":"Mortgage rates reached their highest averages since July this week. \u201cThe 10-year Treasury yield surged this week, jumping 12 basis points,\u201d says Sean Becketti, Freddie Mac\u2019s chief economist. \u201cThe 30-year mortgage rate followed suit, increasing 6 basis points to 3.94 percent. Today's survey rate is the highest rate in three\u2026","rel":"","context":"In &quot;Opportunities In New Markets&quot;","block_context":{"text":"Opportunities In New Markets","link":"https:\/\/amazingproperty.com.ng\/blog\/category\/opportunities-in-new-markets\/"},"img":{"alt_text":"Rates102717.png","src":"https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/10\/rates102717.png?fit=620%2C252&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/10\/rates102717.png?fit=620%2C252&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/10\/rates102717.png?fit=620%2C252&ssl=1&resize=525%2C300 1.5x"},"classes":[]},{"id":7478,"url":"https:\/\/amazingproperty.com.ng\/blog\/despite-fed-move-mortgage-rates-hold-steady\/","url_meta":{"origin":6898,"position":2},"title":"Despite Fed Move, Mortgage Rates Hold Steady","author":"Amazing Property","date":"December 15, 2017","format":false,"excerpt":"Mortgage rates were in a holding pattern this week, even after the Federal Reserve voted Wednesday to hike its benchmark interest rate. \u201cAs widely expected, the Fed increased the federal funds target rate this week for the third time in 2017,\u201d says Len Kiefer, Freddie Mac\u2019s deputy chief economist. \u201cThe\u2026","rel":"","context":"In &quot;Opportunities In New Markets&quot;","block_context":{"text":"Opportunities In New Markets","link":"https:\/\/amazingproperty.com.ng\/blog\/category\/opportunities-in-new-markets\/"},"img":{"alt_text":"Rates121417.png","src":"https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/12\/rates121417.png?fit=620%2C252&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/12\/rates121417.png?fit=620%2C252&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/12\/rates121417.png?fit=620%2C252&ssl=1&resize=525%2C300 1.5x"},"classes":[]},{"id":7574,"url":"https:\/\/amazingproperty.com.ng\/blog\/mortgage-rates-up-slightly-this-week\/","url_meta":{"origin":6898,"position":3},"title":"Mortgage Rates Up Slightly This Week","author":"Amazing Property","date":"December 21, 2017","format":false,"excerpt":"Average mortgage rates inched up, but the 30-year fixed-rate mortgage remains below 4 percent and continues to offer home buyers and refinancers historically low rates. \u201cThirty-year fixed mortgage rates have been bouncing around in a narrow 10 basis points range since October,\u201d says Len Kiefer, Freddie Mac\u2019s chief economist. \u201cThe\u2026","rel":"","context":"In &quot;Opportunities In New Markets&quot;","block_context":{"text":"Opportunities In New Markets","link":"https:\/\/amazingproperty.com.ng\/blog\/category\/opportunities-in-new-markets\/"},"img":{"alt_text":"Rates122217.png","src":"https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/12\/rates122217.png?fit=620%2C252&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/12\/rates122217.png?fit=620%2C252&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/12\/rates122217.png?fit=620%2C252&ssl=1&resize=525%2C300 1.5x"},"classes":[]},{"id":4891,"url":"https:\/\/amazingproperty.com.ng\/blog\/mortgage-rates-are-still-dropping\/","url_meta":{"origin":6898,"position":4},"title":"Mortgage Rates Are Still Dropping","author":"Amazing Property","date":"June 8, 2017","format":false,"excerpt":"[ad_1] Home buyers may want to rush to lock in: The 30-year mortgage rate hit its lowest level in nearly seven months this week, Freddie Mac reports. \"The 10-year Treasury yield fell 3 basis points this week,\u201d said Sean Becketti, Freddie Mac\u2019s chief economist. \u201cThe 30-year mortgage rate moved in\u2026","rel":"","context":"In &quot;Opportunities In New Markets&quot;","block_context":{"text":"Opportunities In New Markets","link":"https:\/\/amazingproperty.com.ng\/blog\/category\/opportunities-in-new-markets\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/06\/rates060817.png?fit=620%2C252&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/06\/rates060817.png?fit=620%2C252&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/06\/rates060817.png?fit=620%2C252&ssl=1&resize=525%2C300 1.5x"},"classes":[]},{"id":7131,"url":"https:\/\/amazingproperty.com.ng\/blog\/mortgage-rates-rise-to-4-month-high\/","url_meta":{"origin":6898,"position":5},"title":"Mortgage Rates Rise to 4-Month High","author":"Amazing Property","date":"November 17, 2017","format":false,"excerpt":"The 30-year fixed-rate mortgage reached its highest average since July this week. \u201cThe 10-year Treasury yield ticked up 6 basis points, while the 30-year mortgage rate jumped 5 basis points to 3.95 percent,\u201d says Sean Becketti, Freddie Mac\u2019s chief economist. \u201cToday\u2019s survey rate is the highest rate in nearly four\u2026","rel":"","context":"In &quot;Opportunities In New Markets&quot;","block_context":{"text":"Opportunities In New Markets","link":"https:\/\/amazingproperty.com.ng\/blog\/category\/opportunities-in-new-markets\/"},"img":{"alt_text":"Rates111717.png","src":"https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/11\/rates111717.png?fit=620%2C252&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/11\/rates111717.png?fit=620%2C252&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/11\/rates111717.png?fit=620%2C252&ssl=1&resize=525%2C300 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