{"id":7574,"date":"2017-12-21T00:00:00","date_gmt":"2017-12-21T00:00:00","guid":{"rendered":"https:\/\/amazingproperty.com.ng\/blog\/mortgage-rates-up-slightly-this-week\/"},"modified":"2017-12-21T00:00:00","modified_gmt":"2017-12-21T00:00:00","slug":"mortgage-rates-up-slightly-this-week","status":"publish","type":"post","link":"https:\/\/amazingproperty.com.ng\/blog\/mortgage-rates-up-slightly-this-week\/","title":{"rendered":"Mortgage Rates Up Slightly This Week"},"content":{"rendered":"<p>\n<\/p>\n<div readability=\"37.732907348243\">\n<!--\n\n<pre>-->  <\/p>\n<div property=\"dc:description\" readability=\"20.852396166134\"><!--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_dec\/rates122217.png\" style=\"width: 620px; height: 252px;\"\/><\/p>\n<p>Average <a href=\"https:\/\/amazingproperty.com.ng\/blog\/mortgage-preapproval-guide-for-home-buyers\/\">mortgage<\/a> rates inched up, but the 30-year fixed-rate mortgage remains below 4 percent and continues to <a href=\"https:\/\/amazingproperty.com.ng\/blog\/tips-for-house-price-negotiation\/\">offer<\/a> home buyers and refinancers historically low rates.<\/p>\n<p>\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 U.S. average 30-year fixed mortgage rate increased 1 basis point to 3.94 percent in this week\u2019s survey. The majority of our survey was completed prior to the surge in long-term interest rates that followed the passage of the tax bill. If those rate increases stick, we\u2019ll likely see higher mortgage rates in next week\u2019s survey. But even with yesterday\u2019s increase, the 10-year Treasury yield is down from a year ago, and 30-year fixed mortgage rates are 36 basis points below the level we saw in our survey last year at this time. Mortgage rates are low.\u201d<\/p>\n<p>Freddie Mac reports the following national averages for the week ending Dec. 21:<\/p>\n<ul>\n<li>30-year fixed-rate mortgages: averaged 3.94 percent, with an average 0.5 point, rising from last week\u2019s 3.93 percent average. Last year at this time, 30-year-rates averaged 4.30 percent.<\/li>\n<li>15-year fixed-rate mortgages: averaged 3.38 percent, with an average 0.5 point, increasing from last week\u2019s 3.36 percent average. A year ago, 15-year rates averaged 3.52 percent.<\/li>\n<li>5-year hybrid adjustable-rate mortgages: averaged 3.39 percent, with an average 0.3 point, increasing from last week\u2019s 3.36 percent average. A year ago, 5-year ARMs averaged 3.32 percent.<\/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\/1iMpvxwjEnA\/mortgage-rates-up-slightly-week\"> Realtors <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Average mortgage rates inched up, but the 30-year fixed-rate mortgage remains below 4 percent and continues &hellip; <a title=\"Mortgage Rates Up Slightly This Week\" class=\"hm-read-more\" href=\"https:\/\/amazingproperty.com.ng\/blog\/mortgage-rates-up-slightly-this-week\/\"><span class=\"screen-reader-text\">Mortgage Rates Up Slightly This Week<\/span>Read more<\/a><\/p>\n","protected":false},"author":1,"featured_media":7575,"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":[1403,12908,543,408,1295,312,41,818,479],"class_list":["post-7574","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-opportunities-in-new-markets","tag-buy","tag-home","tag-home-buying-guide","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\/12\/rates122217.png?fit=620%2C252&ssl=1","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":7319,"url":"https:\/\/amazingproperty.com.ng\/blog\/mortgage-rates-sink-lower-this-week\/","url_meta":{"origin":7574,"position":0},"title":"Mortgage Rates Sink Lower This Week","author":"Amazing Property","date":"December 1, 2017","format":false,"excerpt":"The 30-year fixed-rate mortgage is averaging lower than it did a year ago, and remains well below the 4 percent threshold this week. \u201cThe 30-year fixed mortgage rate fell two basis points to 3.9 percent in this week\u2019s survey, but we closed our survey prior to a surge in long-term\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":"Rates113017.png","src":"https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/12\/rates113017.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\/rates113017.png?fit=620%2C252&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/12\/rates113017.png?fit=620%2C252&ssl=1&resize=525%2C300 1.5x"},"classes":[]},{"id":1771,"url":"https:\/\/amazingproperty.com.ng\/blog\/mortgage-rates-zoom-to-2017-high\/","url_meta":{"origin":7574,"position":1},"title":"Mortgage Rates Zoom to 2017 High","author":"Amazing Property","date":"March 10, 2017","format":false,"excerpt":"The 30-year fixed-rate mortgage surged to its highest average of the year this week, reaching 4.21 percent, Freddie Mac reports in its weekly mortgage market survey.\u00a0 \u201cThe 10-year Treasury yield rose about 10 basis points this week,\u201d said Sean Becketti, Freddie Mac\u2019s chief economist. \u201cFor the first time in weeks,\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":4615,"url":"https:\/\/amazingproperty.com.ng\/blog\/30-year-mortgage-rates-hover-around-4\/","url_meta":{"origin":7574,"position":2},"title":"30-Year Mortgage Rates Hover Around 4%","author":"Amazing Property","date":"May 19, 2017","format":false,"excerpt":"[ad_1] For the fifth consecutive week, the 30-year fixed-rate mortgage remained around 4 percent. \"The 30-year mortgage rate fell 3 basis points this week to 4.02 percent,\u201d says Sean Becketti, Freddie Mac\u2019s chief economist.\u00a0\u201cHowever, this week's survey closed prior to Wednesday's flight to quality.\u00a0The delayed impact of the associated decline\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\/05\/rates051817.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\/05\/rates051817.png?fit=620%2C252&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/05\/rates051817.png?fit=620%2C252&ssl=1&resize=525%2C300 1.5x"},"classes":[]},{"id":3139,"url":"https:\/\/amazingproperty.com.ng\/blog\/mortgage-rates-surprise-by-nearing-2017-low\/","url_meta":{"origin":7574,"position":3},"title":"Mortgage Rates Surprise By Nearing 2017 Low","author":"Amazing Property","date":"April 7, 2017","format":false,"excerpt":"The 30-year fixed-rate mortgage dropped lower for the third consecutive week and neared its low for 2017, Freddie Mac reports in its weekly mortgage market survey. \"The 10-year Treasury yield was relatively unchanged this week, while the 30-year mortgage rate fell 4 basis points to 4.1 percent,\u201d says Sean Becketti,\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":4973,"url":"https:\/\/amazingproperty.com.ng\/blog\/after-steady-decline-mortgage-rates-rise\/","url_meta":{"origin":7574,"position":4},"title":"After Steady Decline, Mortgage Rates Rise","author":"Amazing Property","date":"June 16, 2017","format":false,"excerpt":"[ad_1] Mortgage rates increased this week for the first time in more than a month, but they still remain near their yearly lows. \u201cThe 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\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\/rates061517.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\/rates061517.png?fit=620%2C252&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/06\/rates061517.png?fit=620%2C252&ssl=1&resize=525%2C300 1.5x"},"classes":[]},{"id":3409,"url":"https:\/\/amazingproperty.com.ng\/blog\/mortgage-rates-set-a-new-2017-low-this-week\/","url_meta":{"origin":7574,"position":5},"title":"Mortgage Rates Set a New 2017 Low This Week","author":"Amazing Property","date":"April 14, 2017","format":false,"excerpt":"The 30-year fixed-rate mortgage continues to drop this week, setting a new low for 2017, Freddie Mac reports in its weekly mortgage market survey. This marks the fourth consecutive week that 30-year rates have fallen. \"Following a weak March jobs report, the 10-year Treasury yield dropped about 5 basis points,\u201d\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":[]}],"_links":{"self":[{"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/posts\/7574","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=7574"}],"version-history":[{"count":0,"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/posts\/7574\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/media\/7575"}],"wp:attachment":[{"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/media?parent=7574"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/categories?post=7574"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/tags?post=7574"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}