Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive

News Now

Washington
Average mortgage rates reach seven-month high
WASHINGTON (12/20/10)--The average rate on both 30-year and 15-year fixed-rate mortgages continued to rise last week, posting double digit basis point increases. As reported in Freddie Mac's mortgage rate survey for the week ended Dec. 16, both mortgage rates continued to rise for the fifth week, with 30-year mortgages averaging 4.83% and 15-year mortgages averaging 4.17%. Those mortgage rates averaged 4.61% and 3.96% during the week ended Dec. 9, respectively. Both five-year and one-year adjustable rate mortgages remained low, with average rates of 3.77% and 3.35% reported. Freddie Mac Vice President/Chief Economist Frank Nothaft noted that the mortgage rate averages were the highest reported since March. For the full release, use the resource link.
Other Resources

RSS





print
News Now LiveWire
Matz: Revised @TheNCUA #RBC rule for #creditunions 2 B unveiled 1/15/15, 90-day comment period to follow #newsnow http://t.co/qABhvghSTU
1 Day ago
Just announced: @TheNCUA board will consider a revised risk-based capital rule at its Jan 15 mtg. See #NewsNow Monday for more info.
1 Day ago
Nearing one-yr anniversary of data breach, @Target asks for class action suits to be dismissed via @BloombergNews http://t.co/kra6kupd35
1 Day ago
.@PeoplesTrustFCU has been recognized with the Juntos Avanzamos designation by @Cornerstone_CUL for its service to the Hispanic community
1 Day ago
#NewsNow: Rep. Hensarling names #HFSC subcommittee chairs. http://t.co/dXAMZdpn1p
1 Day ago