Long-term mortgage rates fall, break 9-week rise · PERT Florida Real Estate School

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WASHINGTON (AP) – After nine straight weeks of increases, long-term US mortgage rates fell this week. Mortgage buyer Freddie Mac said Thursday the rate on 30-year fixed-rate loans declined to an average 4.20 percent from 4.32 percent last week. That was still sharply higher than a 30-year rate.

Long-term mortgage rates climb again – to 4.40% By Association News February 22, 2018 Uncategorized PERT-news The average rate for a 30-year fixed-rate mortgage hit its highest point since April 2014 and moved marginally higher from last week’s average 4.38%.

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This month, a couple of Canada’s Big Five banks announced they were increasing mortgage rates. Does that mean rates will keep rising? RBC kicked off the year by saying it would increase rates on special offers for fixed-rate mortgages by 10 basis points for those with terms of between two and five years.