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     Maverick Legend Username: Maverick Post Number: 45899 Registered: 01-2008 Posted From: 70.39.176.124 Rating: N/A |
Mortgages jump almost half a percent Mortgage rates spiked to their highest levels this week since July 2011, causing frustration among homebuyers and refinancers who were caught by surprise. 30 year fixed rate mortgage – 3 month trend 30 year fixed rate mortgage – 3 month trend The benchmark 30-year fixed-rate mortgage rose to 4.61 percent, compared with 4.12 percent last week, according to the Bankrate.com national survey of large lenders. The mortgages in this week's survey had an average total of 0.29 discount and origination points. One year ago, that rate stood at 3.89 percent. Four weeks ago, it was 3.99 percent. The 30-year fixed hasn't been this high since Bankrate's survey on July 27, 2011, when the mortgage rate averaged 4.74 percent. This is the largest one-week rise since the financial crisis of October 2008. On top of that, the benchmark rate on the 30-year fixed was 3.6 percent May 8 -- so it has climbed more than a percentage point in seven weeks. The benchmark 15-year fixed-rate mortgage rose to 3.73 percent this week, compared with 3.3 percent last week. The benchmark 5/1 adjustable-rate mortgage rose to 3.45 percent from 2.99 percent. The benchmark 30-year fixed-rate jumbo mortgage rose to 4.75 percent from 4.29 percent. housing slow down vastundi sure ga..rose too early Who is this DB member? nenu anumanapu mogudu laaga jrNTR seelanni sankinchina maata nijam BUT mugguru karudugattina only balayya fans (who watched badshah tho) matladaka they certified "maakemi anipinchaledhu" |
