Mortgage Applications Fall as Rates Rise to Highest Level in Month. The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($424,100 or less) increased to 4.11 percent from 4.04 percent. The average contract interest rate for 15-year fixed-rate mortgages increased to 3.38 percent from 3.35 percent.

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Thirty-year fixed mortgage rates are at their highest level in over a month. and job market is keeping buyer interest high, but rising mortgage rates could add pressure to the budgets of some would.

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Potential homebuyers attend an open house in Seattle.Mike Kane | Bloomberg | Getty ImagesInterest rates surged last week to their highest level in a month, and consequently homebuyers turned on their heels.Total mortgage application volume decreased 1.1% for the week, according to the Mortgage Banke

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Mortgage Rundown: May 30, 2019 Total mortgage application. rather than lose a low rate on a first mortgage. The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($453,100 or less).

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showed the highest pace of wage growth since before the recession and a surprisingly robust addition of new jobs in October. Strong jobs data is the nemesis of low interest rates and today was no.

U.S. weekly mortgage applications fall. Market news . 17 July 2019.. the average fixed 30-year mortgage rate increased to 4.12 percent from 4.04 percent. “Refinance applications increased, with activity reaching its highest level in a month, driven mainly by FHA refinance applications. Historically, government refinance activity lags.

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Weekly mortgage applications to buy a home hit the lowest level in a month as rates continue to rise. The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($453,100 or less) increased to 4.84 percent from 4.77 percent, with points remaining unchanged at 0.45 (including the origination fee) for loans with 20 percent down payments.