{"id":727,"date":"2017-02-10T00:00:00","date_gmt":"2017-02-10T00:00:00","guid":{"rendered":"https:\/\/amazingproperty.com.ng\/blog\/mortgage-rates-are-holding-mostly-steady\/"},"modified":"2017-02-10T00:00:00","modified_gmt":"2017-02-10T00:00:00","slug":"mortgage-rates-are-holding-mostly-steady","status":"publish","type":"post","link":"https:\/\/amazingproperty.com.ng\/blog\/mortgage-rates-are-holding-mostly-steady\/","title":{"rendered":"Mortgage Rates Are Holding Mostly Steady"},"content":{"rendered":"<p> [ad_1]<br \/>\n<\/p>\n<div readability=\"36.173311635476\">\n<!--\n\n<pre>-->  <\/p>\n<div property=\"dc:description\" readability=\"17.838893409276\"><!--paging_filter--><\/p>\n<p>Rates have mostly stayed flat the past three weeks, offering buyers a pause to what had been steadily rising rates.<\/p>\n<p>&#8220;The 30-year fixed <a href=\"https:\/\/amazingproperty.com.ng\/blog\/mortgage-preapproval-guide-for-home-buyers\/\">mortgage<\/a> fell two basis points to 4.17 percent this week,\u201d says Sean Becketti, Freddie Mac\u2019s chief economist. \u201cRates are at about the same level at which they started the year and have stayed within a two basis point range over the past three weeks. Mixed economic releases such as Friday&#8217;s jobs report and uncertainty about the Administration&#8217;s fiscal policies have contributed to the holding pattern in rates.&#8221;<\/p>\n<p>Freddie Mac reports the following national averages with mortgage rates for the week ending Feb. 9:<\/p>\n<ul>\n<li><strong>30-year fixed-rate mortgages: <\/strong>averaged 4.17 percent, with an average 0.4 point, dropping from last week\u2019s 4.19 percent average. Last year at this time, 30-year rates averaged 3.65 percent.<\/li>\n<li><strong>15-year fixed-rate mortgages:<\/strong> averaged 3.39 percent, with an average 0.4 point, falling from last week\u2019s 3.41 percent average. A year ago, 15-year rates averaged 2.95 percent.<\/li>\n<li><strong>5-year hybrid adjustable-rate mortgages:<\/strong> averaged 3.21 percent, with an average 0.4 point, falling from last week\u2019s 3.23 percent average. A year ago, 5-year ARMs averaged 2.83 percent.<\/li>\n<\/ul>\n<p><em>Source: Freddie Mac<\/em><\/p>\n<\/div>\n<\/div>\n<p>[ad_2]<br \/>\n<br \/><a href=\"http:\/\/feedproxy.google.com\/~r\/DailyRealEstateNews\/~3\/1WKRPfwHNOo\/mortgage-rates-are-holding-mostly-steady\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>[ad_1] Rates have mostly stayed flat the past three weeks, offering buyers a pause to what &hellip; <a title=\"Mortgage Rates Are Holding Mostly Steady\" class=\"hm-read-more\" href=\"https:\/\/amazingproperty.com.ng\/blog\/mortgage-rates-are-holding-mostly-steady\/\"><span class=\"screen-reader-text\">Mortgage Rates Are Holding Mostly Steady<\/span>Read more<\/a><\/p>\n","protected":false},"author":1,"featured_media":728,"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":false,"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":[1403,408,1295,312,41,818],"class_list":["post-727","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-opportunities-in-new-markets","tag-buy","tag-mortgage","tag-mortgage-rate","tag-mortgages","tag-property","tag-real"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/02\/1WKRPfwHNOo","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":827,"url":"https:\/\/amazingproperty.com.ng\/blog\/mortgage-rates-is-it-a-year-full-of-surprises\/","url_meta":{"origin":727,"position":0},"title":"Mortgage Rates: Is It a &#039;Year Full of Surprises&#039;?","author":"Amazing Property","date":"February 17, 2017","format":false,"excerpt":"[ad_1] Mortgage rates fell slightly for the second consecutive week, taking a path that many economists haven't expected. \"For the last 46 years, the 30-year mortgage rate has been almost perfectly correlated with the yield on the 10-year Treasury, but not this year,\" says Sean Becketti, Freddie Mac's chief economist.\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\/02\/rates021617.png?fit=600%2C244&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/02\/rates021617.png?fit=600%2C244&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/02\/rates021617.png?fit=600%2C244&ssl=1&resize=525%2C300 1.5x"},"classes":[]},{"id":8532,"url":"https:\/\/amazingproperty.com.ng\/blog\/another-week-of-mostly-flat-mortgage-rates\/","url_meta":{"origin":727,"position":1},"title":"Another Week of Mostly Flat Mortgage Rates","author":"Amazing Property","date":"April 13, 2018","format":false,"excerpt":"\u00a0 \" Mortgage rates have been holding steady over the past two months \" says Deputy chief economist . Borrowing costs haven\u2019t budged much in recent weeks, offering some relief from the weekly amount increases that had almost become routine at the start of 2018. \u201cMortgage rates have been holding\u2026","rel":"","context":"In &quot;Mortgage&quot;","block_context":{"text":"Mortgage","link":"https:\/\/amazingproperty.com.ng\/blog\/category\/mortgage\/"},"img":{"alt_text":"Mortgage rates","src":"https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2018\/04\/rates041318.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\/2018\/04\/rates041318.png?fit=620%2C252&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2018\/04\/rates041318.png?fit=620%2C252&ssl=1&resize=525%2C300 1.5x"},"classes":[]},{"id":5576,"url":"https:\/\/amazingproperty.com.ng\/blog\/mortgage-rates-arent-budging\/","url_meta":{"origin":727,"position":2},"title":"Mortgage Rates Aren\u2019t Budging","author":"Amazing Property","date":"August 4, 2017","format":false,"excerpt":"Mortgage rates have mostly held steady the past few weeks, with the 30-year fixed-rate loan still averaging below 4 percent. \u201cThe 10-year Treasury yield was relatively flat this week, as was the 30-year mortgage rate, which rose 1 basis point to 3.93 percent,\u201d says Sean Becketti, Freddie Mac\u2019s chief economist.\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\/08\/rates080417.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\/08\/rates080417.png?fit=620%2C252&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/08\/rates080417.png?fit=620%2C252&ssl=1&resize=525%2C300 1.5x"},"classes":[]},{"id":6525,"url":"https:\/\/amazingproperty.com.ng\/blog\/mortgage-rates-hit-highest-levels-in-6-weeks\/","url_meta":{"origin":727,"position":3},"title":"Mortgage Rates Hit Highest Levels in 6 Weeks","author":"Amazing Property","date":"October 6, 2017","format":false,"excerpt":"The 30-year fixed-rate mortgage inched upwards this week, averaging 3.85 percent. It\u2019s the highest average in six weeks, Freddie Mac reports. \u201cAfter holding steady last week, rates ticked up this week,\u201d says Sean Becketti, Freddie Mac\u2019s chief economist. \u201cThe 10-year Treasury yield rose 8 basis points, while the 30-year mortgage\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":"Rates100617.png","src":"https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/10\/rates100617.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\/rates100617.png?fit=620%2C252&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/10\/rates100617.png?fit=620%2C252&ssl=1&resize=525%2C300 1.5x"},"classes":[]},{"id":1266,"url":"https:\/\/amazingproperty.com.ng\/blog\/mortgage-rates-are-mostly-in-holding-pattern\/","url_meta":{"origin":727,"position":4},"title":"Mortgage Rates Are Mostly in Holding Pattern","author":"Amazing Property","date":"February 24, 2017","format":false,"excerpt":"[ad_1] Mortgage rates continue to defy expectations, with the 30-year fixed-rate mortgage rate barely budging for the fourth consecutive week. Freddie Mac reports the following national averages with mortgage rates for the week ending Feb. 23: 30-year fixed-rate mortgages: averaged 4.16 percent, with an average 0.5 point, rising from last\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":"","width":0,"height":0},"classes":[]},{"id":5697,"url":"https:\/\/amazingproperty.com.ng\/blog\/mortgage-rates-at-lowest-point-in-6-weeks\/","url_meta":{"origin":727,"position":5},"title":"Mortgage Rates at Lowest Point in 6 Weeks","author":"Amazing Property","date":"August 11, 2017","format":false,"excerpt":"The 30-year fixed-rate mortgage reversed course this week, averaging 3.90 percent.\u00a0 \u201cAfter holding relatively flat last week, the 10-year Treasury yield fell 4 basis points this week,\u201d says Sean Becketti, Freddie Mac\u2019s chief economist. \u201cThe 30-year mortgage rate moved in tandem with Treasury yields.\u201d Freddie Mac reports the following national\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":"rates081017.png","src":"https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/08\/rates081017.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\/08\/rates081017.png?fit=620%2C252&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/08\/rates081017.png?fit=620%2C252&ssl=1&resize=525%2C300 1.5x"},"classes":[]}],"_links":{"self":[{"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/posts\/727","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=727"}],"version-history":[{"count":0,"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/posts\/727\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/media\/728"}],"wp:attachment":[{"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/media?parent=727"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/categories?post=727"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/tags?post=727"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}