Mortgage rates rose this week, with a widely watched survey reporting that lenders were offering 30-year fixed-rate loans at an average of 3.51%, up from a near-record low of 3.35% two weeks ago.
The survey, released Thursday by mortgage financier Freddie Mac, show rates following U.S. Treasury bond yields higher on signs of a stronger economy.
The yield on the benchmark 10-year Treasury note has risen about a quarter of a percentage point over the last two weeks as investors optimistic about the economy have poured money into stocks and out of bonds.
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