federal reserve

Mortgage Rates Resume Upward Trend

This week mortgage rates resumed their upward trend, which is reported to be the most prolonged increase in 46 years.  According to the latest data released Thursday by Freddie Mac, the 30-year fixed-rate average jumped to its second-highest level this year, rising to 4.62 percent with an average 0.4 point. It was 4.54 percent a […]

Dwell JC | Jun 15, 2018

Home Mortgage Rates Just Hit a 1-Year Low!

30-year home mortgage rates have dipped to 3.86 percent, which is its lowest level since last November.  According to AP, “concern over a slowdown in inflation has recently pushed bond prices higher — and some bond yields sharply lower. Record-low interest rates have helped spur home buying and boosted the housing market. Yet despite low […]

Dwell JC | Sep 11, 2017