Mortgage Rates Increase
The 15-year fixed-rate mortgage fell to 248 percent from 257 percent. The Mortgage Bankers Association MBA says it believes the average rate for a 30-year mortgage will start at 29 in the first quarter of 2021 and gradually increase to 32 by the end of 2021. Mortgage Rates Have Shot Back Above 3 Borrowers May Not Want To Delay Mortgage rates continued their uphill climb this week and some analysts expect that interest rates could return to pre-pandemic levels in the coming weeks. Mortgage rates increase . The 30-year fixed rates are lower than ARM rates so it could be the right time to lock in a low rate with a fixed mortgage. The 5-year Treasury-indexed hybrid adjustable-rate mortgage. 15-year fixed refinance rate. The average rate on 10-year fixed refinance mortgages didnt fluctuate. Mortgage rates rose slightly this week after three weeks of declines as new economic data underscores the recovering economys strength. You can unsubscribe at any time. Additionally