Why Mortgage Rates Are Going Up

The Correlation Between Mortgage Rates & the Stock Market. There is not a tangible relationship between mortgage rates and the stock market whereby one can be said to directly drive the other.

How the federal reserve affects mortgage rates and how rising interest rates affect home prices are important things you need to be aware of. Find out why.

Mortgage rates will stay around the current 3.6% for 30-year fixed, 3.1% for 15-year. If the trade war relents, we expect that 10-year Treasury notes could rise to the mid-to-upper 2% range.

People who are good with money aren’t buying or leasing new cars, chasing designer items, or wanting the biggest and best.

 · mortgage interest rates are a mystery to many of us-whether you’re a home buyer in need of a home loan for your first house or your fifth. After all, what does “interest rate” even mean? Why do rates swing up and down? And, most important, how do you nab the best interest rate-the one that’s going t

Current 20 Year Refinance Rates When people choose to refinance a 30-year loan into a shorter loan they typically choose a 15-year loan, though 10-year & 20-year options are also available. The following table compares monthly payments, interest rates & total interest due over the life of a $230,000 loan.

After moving sideways for a couple of weeks, mortgage rates have. And, 5/1 adjustable-rate mortgages – with rates that hold steady for five years and then can "adjust" up (or down) every year -.

To get an idea of where 30-year fixed rates will be, use a spread of about 170 basis points, or 1.70% above the current 10-year bond yield. This spread accounts for the increased risk associated with a mortgage vs. a bond. So a 10-yr bond yield of 4.00% plus the 170 basis points would put mortgage rates around 5.70%.

Housing Interest Rates Calculator Changing the loan amount in the calculator back to $200,000, and trying out a few interest rates, shows that an interest rate of. have to go through this process when you’re shopping for a home.

Economic Data Mortgage Rates reflect the relative strength or weakness of the overall economy on a daily basis. Rates will go up if the unemployment rate goes down and there is a better than expected economic data. Rates will go down if jobs and manufacturing is stagnant or on the decline; and when housing reports are weaker than expected.

Why Do Mortgage Rates Go Up and Down? January 30th, 2019 | Interest Rates. Mortgage interest rates fluctuate from week to week and they can make huge swings from decade to decade. In the early 1980s, for example, mortgage rates were as high as 18% while roughly 30 years later they are less than a third of that rate.