Sentences with phrase «on conventional mortgages rose»
This Survey indicates that the contract rate on conventional mortgages rose 5 basis points to 3.72 % over the month *.
http://eyeonhousing.org/ Not exact matches
As this happens, and the interest rate on the 10 - year Treasury bond which influences the rate on the conventional 30 - year mortgage moves up, mortgage rates also tend to rise.
As this happens, and the interest rate on the 10 - year Treasury bond which influences the rate on the conventional 30 - year mortgage moves up, mortgage rates also tend to rise.
«Given that prices are rising, more people will be pushed on the borderline of conventional mortgage limits and may need a large down payment or a jumbo mortgage,» Yun says.
Mortgage rates rose slightly this week on mixed economic news, with Freddie Mac's weekly survey of lenders showing the average rate for a conventional 30 - year fixed loan at 3.68 percent, up from 3.65 percent last week.
Homeowners can enjoy significant savings over a conventional 30 - year fixed mortgage if they feel relatively confident in their estimate of how long they will be living in their home, and they are willing to take some risk if they are wrong on their estimate and interest rates rise.