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Posts Tagged ‘ 4.5% ’

30 Year Mortgage Rates at 4.5% to 4.625%

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30 Year Mortgage Rates at 4.5% to 4.625%

From Matthew Graham at Mortgage News Daily: Mortgage Rates Start Strong, But End The Day Higher Mortgage rates ended higher today, after financial markets reacted to developments in last week’s tariff-related news. Last Thursday, stock prices and interest rates fell in response to the tariff announcement because investors figured it ran the risk of...
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Refinancing surges as mortgage rates dip below 4.5%

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Refinancing surges as mortgage rates dip below 4.5%

?A surge in mortgage refinancing applications last week is likely to create a bump in lending activity, but only for as long as mortgage rates hold below the 4.5% level, analysts say. "For lenders, when mortgage rates take a drop like they have, especially when it involves record lows, the phones ring off the...
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