mortgage applications for home purchases also fell on a weekly basis, indicating how rate-sensitive today’s home buyers are. Jacob Passy is a personal-finance reporter for MarketWatch and is based in.
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Mortgage rates increased again today as lenders continued to get caught up with 2 days of bond market weakness. When bonds are weaker, prices are moving lower and yields (aka "rates") are moving.
An Adjustable rate may be the best mortgage rates for first time buyers who expect to move-up in the short term. If you want to live in Kansas City for the foreseeable future, you should go for a longer term loan. While a 15-year loan is preferable to a 30-year loan, you should still take a fixed rate mortgage if your move is permanent.
Best Mortgage Rates Lenders Programs, rates, loan terms and conditions are subject to change at any time and may vary based on the individual borrower’s eligibility and credit history. NJ Lenders is not acting on behalf of or at the direction of any government entity or program. NJ Lenders Corp. is an Equal Housing Lender.
Mortgage rates held steady this past week after hitting a new low for 2019 just a few weeks ago. Average 30-year mortgage rates today increased to 3.65 percent last week, up from the prior week’s average rate of 3.64 percent. Back in early September, average 30-year mortgage rates fell to a fresh low of 3.49 percent.