_30-year-fixed-mortgage-rates-reach-highest-level-since-november-at-7-5.jpg "30-Year Fixed Mortgage Rates Reach Highest Level Since November at 7.5% from smash mod level Video Screenshot Preview")
GalleryPlay Video:
(Note: The default playback of the video is HD VERSION. If your browser is buffering the video slowly, please play the REGULAR MP4 VERSION or Open The Video below for better experience. Thank you!)
⏲ Duration: 0:41
👁 View: 80K times
✓ Published: 20-Apr-2024
👁 View: 80K times
✓ Published: 20-Apr-2024
Description:
The average rate on the 30-year fixed mortgage is currently around 7.5%, the highest level since mid-November and up from around 6% in February. Higher rates caused home sales to stall last year but rebounded before rising rates halted the surge. Affordability is weakening as rates increase while housing supply remains very low, fueling competition. Despite higher rates, mortgage applications to purchase homes rose 5% last week compared to the prior week. Economists expect rates to remain elevated given inflation and Fed policy, dampening sales going forward.
The average rate on the 30-year fixed mortgage is currently around 7.5%, the highest level since mid-November and up from around 6% in February. Higher rates caused home sales to stall last year but rebounded before rising rates halted the surge. Affordability is weakening as rates increase while housing supply remains very low, fueling competition. Despite higher rates, mortgage applications to purchase homes rose 5% last week compared to the prior week. Economists expect rates to remain elevated given inflation and Fed policy, dampening sales going forward.
Share with your friends:
Whatsapp | Viber | Telegram | Line | SMS
Email | Twitter | Reddit | Tumblr | Pinterest
Related Videos
_fallout-london-will-be-delayed.webp "The much-awaited Fallout London mod has been delayed in the wake up an update for the base-game.")
_heat-index-sa-ilang-lugar-sa-bansa-nasa-danger-level-ulit-124-saksi.webp "Saksi is GMA Network's late-night newscast hosted by Arnold Clavio and Pia Arcangel. It airs Mondays to Fridays at 11:00 PM (PHL Time) on GMA-7. For more videos from Saksi, visit http://www.gmanews.tv/saksi.<br/><br/>News updates on COVID-19 (coronavirus disease 2019) and the COVID-19 vaccine: https://www.gmanetwork.com/news/covid-19/<br/><br/>#Nakatutok24Oras<br/><br/>Breaking news and stories from the Philippines and abroad:<br/>GMA News and Public Affairs Portal: http://www.gmanews.tv<br/>Facebook: http://www.facebook.com/gmanews<br/><br/>Twitter: http://www.twitter.com/gmanews<br/>Instagram: http://www.instagram.com/gmanews<br/><br/>GMA Network Kapuso programs on GMA Pinoy TV: https://gmapinoytv.com/subscribe<br/><br/><br/>")
_cnc-generals-zero-hour-124-china-nuke-general-x-usa-laser-general-124-challenge-hard-level-124-part-1-124-sd.webp "Follow My Channel. Thanks")
CnC Generals Zero Hour | China Nuke General X USA Laser General | Challenge Hard Level | Part 1 | SD
⏲ 21:4 👁 120K
_tree-falls-in-road-narrowly-missing-passing-cars.webp "Shocking video shows the moment a 45ft (14m) tall oak came crashing down during a storm.<br/><br/>Filmmaker Matt Jones was heading along Princess Road, in Manchester, when he captured the massive tree topple over and smash into the road just after noon on Monday 15 April.")
_premier-league-golden-boot-race-palmer-level-with-haaland.webp "Cole Palmer's four-goal masterclass moved him level with Erling Haaland in the race for the Golden Boot")
_stop-at-the-level-of-refining-qi-for-100000-years-ep-123-eng-sub.webp "100 thousand years ago, the Tianlan Sect dominated the cultivation world, and the disciples in the sect were all arrogance, invincible. Only the disciple Xu Yang, the founder of the mountain, has been in the Qi refining period. In order to break through his cultivation base and ascend as soon as possible, Xu Yang retreated for thousands of years. Unexpectedly, when he left the gate, the realm of comprehension had already declined, and there were only three or five disciples left in the Misty Sky Sect. Seeing that the sect was about to be wiped out, Xu Yang repelled the powerful enemy and vowed to lead the Misty Sky Sect back to its peak! With the expansion of Tianlanzong’s power, the truth of Xu Yang’s stagnant cultivation was revealed step by step. For thousands of years, a secret that penetrated the three realms of humans, demons, and immortals was also revealed to everyone! Does one thought become a god, or one thought becomes a demon? The life and death of the world are in the palm of Xu Yang!<br/>")
_chilling39-in-another-world-with-level-2-super-cheat-powers-ep-02.webp "Chilling' in Another World with Level 2 Super Cheat Powers EP 02 from smash mod level")
_stop-at-the-level-of-refining-qi-for-100000-years-ep-124-eng-sub.webp "100 thousand years ago, the Tianlan Sect dominated the cultivation world, and the disciples in the sect were all arrogance, invincible. Only the disciple Xu Yang, the founder of the mountain, has been in the Qi refining period. In order to break through his cultivation base and ascend as soon as possible, Xu Yang retreated for thousands of years. Unexpectedly, when he left the gate, the realm of comprehension had already declined, and there were only three or five disciples left in the Misty Sky Sect. Seeing that the sect was about to be wiped out, Xu Yang repelled the powerful enemy and vowed to lead the Misty Sky Sect back to its peak! With the expansion of Tianlanzong’s power, the truth of Xu Yang’s stagnant cultivation was revealed step by step. For thousands of years, a secret that penetrated the three realms of humans, demons, and immortals was also revealed to everyone! Does one thought become a god, or one thought becomes a demon? The life and death of the world are in the palm of Xu Yang!<br/>")
_fallout-london-will-be-delayed.jpg)
_heat-index-sa-ilang-lugar-sa-bansa-nasa-danger-level-ulit-124-saksi.jpg)
_cnc-generals-zero-hour-124-china-nuke-general-x-usa-laser-general-124-challenge-hard-level-124-part-1-124-sd.jpg)
_tree-falls-in-road-narrowly-missing-passing-cars.jpg)
_premier-league-golden-boot-race-palmer-level-with-haaland.jpg)
_stop-at-the-level-of-refining-qi-for-100000-years-ep-123-eng-sub.jpg)
_chilling39-in-another-world-with-level-2-super-cheat-powers-ep-02.jpg)
_stop-at-the-level-of-refining-qi-for-100000-years-ep-124-eng-sub.jpg)
![[+]](/images/menu.gif){kind=small}