{"id":7777,"date":"2018-01-12T00:00:00","date_gmt":"2018-01-12T00:00:00","guid":{"rendered":"https:\/\/amazingproperty.com.ng\/blog\/mortgage-rates-rise-across-the-board\/"},"modified":"2018-01-12T00:00:00","modified_gmt":"2018-01-12T00:00:00","slug":"mortgage-rates-rise-across-the-board","status":"publish","type":"post","link":"https:\/\/amazingproperty.com.ng\/blog\/mortgage-rates-rise-across-the-board\/","title":{"rendered":"Mortgage Rates Rise Across the Board"},"content":{"rendered":"<p>\n<\/p>\n<div readability=\"38.653473344103\">\n<!--\n\n<pre>-->  <\/p>\n<div property=\"dc:description\" readability=\"22.79563812601\"><!--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\/2018_jan\/rates011118.png\" style=\"width: 620px; height: 252px;\"\/><\/p>\n<p>The 30-year fixed-rate <a href=\"https:\/\/amazingproperty.com.ng\/blog\/mortgage-preapproval-guide-for-home-buyers\/\">mortgage<\/a> is nearing 4 percent, but still remains well below its average from this time a year ago.<\/p>\n<p>\u201cAfter dipping slightly last week, Treasury yields surged this week amid\u00a0sell-offs in the bond market,\u201d says Len Kiefer, Freddie Mac\u2019s deputy chief economist. \u201cThe 10-year Treasury yield, for instance, reached its highest point since March of last year. Mortgage rates followed Treasury yields and ticked up modestly across the board. The 30-year fixed-rate mortgage averaged 3.99 percent, up 4 basis points from a week ago.\u201d<\/p>\n<p>Freddie Mac reports the following national averages with mortgage rates for the week ending Jan. 11:<\/p>\n<ul>\n<li><strong>30-year fixed-rate mortgages: <\/strong>averaged 3.99 percent, with an average 0.5 point, rising from last week\u2019s 3.95 percent average. Last year at this time, 30-year rates averaged 4.12 percent.<\/li>\n<li><strong>15-year fixed-rate mortgages: <\/strong>averaged 3.44 percent, with an average 0.5 point, rising from last week\u2019s 3.38 percent average. A year ago, 15-year rates averaged 3.37 percent.<\/li>\n<li><strong>5-year hybrid adjustable-rate mortgages: <\/strong>averaged 3.46 percent, with an average 0.4 point, increasing from last week\u2019s 3.45 percent average. A year ago, the 5-year ARM averaged 3.23 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\/irNETzRLSHI\/mortgage-rates-rise-across-board\"> Realtors <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The 30-year fixed-rate mortgage is nearing 4 percent, but still remains well below its average from &hellip; <a title=\"Mortgage Rates Rise Across the Board\" class=\"hm-read-more\" href=\"https:\/\/amazingproperty.com.ng\/blog\/mortgage-rates-rise-across-the-board\/\"><span class=\"screen-reader-text\">Mortgage Rates Rise Across the Board<\/span>Read more<\/a><\/p>\n","protected":false},"author":1,"featured_media":7778,"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":[408,1295,312,41,818,479,15282],"class_list":["post-7777","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","tag-ross"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2018\/01\/rates011118.png?fit=620%2C252&ssl=1","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":7698,"url":"https:\/\/amazingproperty.com.ng\/blog\/mortgage-rates-ring-in-new-year-with-a-dip\/","url_meta":{"origin":7777,"position":0},"title":"Mortgage Rates Ring in New Year With a Dip","author":"Amazing Property","date":"January 5, 2018","format":false,"excerpt":"Borrowers kicked off 2018 with a mortgage rate drop.\u00a0 The 30-year fixed-rate mortgage is now down a quarter of a percentage point from a year ago. \u201cTreasury yields fell from a week ago, helping to drive mortgage rates down to start the year,\u201d says Len Kiefer, Freddie Mac\u2019s deputy chief\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":"Rates010518.png","src":"https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2018\/01\/rates010518.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\/01\/rates010518.png?fit=620%2C252&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2018\/01\/rates010518.png?fit=620%2C252&ssl=1&resize=525%2C300 1.5x"},"classes":[]},{"id":5406,"url":"https:\/\/amazingproperty.com.ng\/blog\/after-brief-hike-mortgage-rates-fall-below-4\/","url_meta":{"origin":7777,"position":1},"title":"After Brief Hike, Mortgage Rates Fall Below 4%","author":"Amazing Property","date":"July 21, 2017","format":false,"excerpt":"Following two weeks of rate increases, the 30-year fixed-rate mortgage settled back below a 4 percent average this week.\u00a0 \u201cContinued economic uncertainty and weak inflation data pushed rates lower this week,\u201d says Sean Becketti, Freddie Mac\u2019s chief economist.\u00a0\u201cThe 10-year Treasury yield fell 5 basis points this week. The 30-year mortgage\u2026","rel":"","context":"In &quot;Property buyer&quot;","block_context":{"text":"Property buyer","link":"https:\/\/amazingproperty.com.ng\/blog\/category\/property-buyer\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/07\/rates072117R.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\/07\/rates072117R.png?fit=620%2C252&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/07\/rates072117R.png?fit=620%2C252&ssl=1&resize=525%2C300 1.5x"},"classes":[]},{"id":5697,"url":"https:\/\/amazingproperty.com.ng\/blog\/mortgage-rates-at-lowest-point-in-6-weeks\/","url_meta":{"origin":7777,"position":2},"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":[]},{"id":2438,"url":"https:\/\/amazingproperty.com.ng\/blog\/mortgage-rates-retreat-slightly-this-week\/","url_meta":{"origin":7777,"position":3},"title":"Mortgage Rates Retreat Slightly This Week","author":"Amazing Property","date":"March 24, 2017","format":false,"excerpt":"The 30-year fixed-rate mortgage decreased slightly, following two months of steady rises. \"The 10-year Treasury yield fell about 10 basis points this week,\u201d says Sean Becketti, Freddie Mac\u2019s chief economist. \u201cThe 30-year mortgage rate moved with Treasury yields and dropped 7 basis points to 4.23 percent. This marks the greatest\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":827,"url":"https:\/\/amazingproperty.com.ng\/blog\/mortgage-rates-is-it-a-year-full-of-surprises\/","url_meta":{"origin":7777,"position":4},"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":7911,"url":"https:\/\/amazingproperty.com.ng\/blog\/mortgage-rates-continue-to-inch-upwards\/","url_meta":{"origin":7777,"position":5},"title":"Mortgage Rates Continue to Inch Upwards","author":"Amazing Property","date":"January 26, 2018","format":false,"excerpt":"Fixed-rate mortgages increased again this week, the third consecutive week to see a rise. \u201cRates keep climbing,\u201d says Len Kiefer, Freddie Mac\u2019s chief economist. \u201cThe 10-year Treasury yield reached its highest point since 2014 reflecting expectations of broad-based economic growth. Mortgage rates, in turn, followed the surge in Treasury yields.\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":"Rates012518.png","src":"https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2018\/01\/rates012518.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\/01\/rates012518.png?fit=620%2C252&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2018\/01\/rates012518.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\/7777","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=7777"}],"version-history":[{"count":0,"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/posts\/7777\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/media\/7778"}],"wp:attachment":[{"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/media?parent=7777"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/categories?post=7777"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/tags?post=7777"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}