Mortgage Rates Wednesday: Quiet on Election Anniversary

Last week, the average rate for a 30-year fixed mortgage was 5.04%, according to Freddie Mac. Many Fed watchers believe the Fed will use the statement on Wednesday to announce that it is extending.

Mortgage Rates Just Barely Higher, But Lower This Week. In the current case, Wednesday’s improvement brought average rates to their best levels in roughly 3 weeks. Traders aren’t eager to explore anything lower without the Fed’s blessing. But at the same time, they also must consider that the Fed could say something HELPFUL for rates.

The U.S. presidential election took place a year ago today, and the result led to an unexpected spike in mortgage rates. On Nov. 8, 2016, the rate on 30-year, fixed-rate mortgages was 3.75%.

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Polls have closed. Vote totals should start to trickle in within the hour. Voter turnout was picking up at Community Evangelical Church in Lower Heidelberg Township. By 11:40 a.m., 73 voters had.

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Black Wednesday September 1992 The UK’s withdrawal from the European Exchange Rate Mechanism on 16 September 1992 meant a rise in the base interest rate from 10 per cent to 12 per cent at 10.30am on that day; later that day there was a promise from John Major’s government to raise the rate further to 15 per cent.

Mortgage rates have been on a roller coaster for the last year, but now they’re sitting at the bottom of the track, and that is giving a major boost to the number of borrowers. The bull market.

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Mortgage rates falling after the election? U.S. stocks close at record on anniversary of Trump’s election – On the one-year anniversary of President Donald Trump’s election, U.S. stocks eked out gains at the last minute to push all three benchmarks into record territory. Stocks, however, were mostly.

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Mortgage rates fell for a 4 th consecutive week in the week ending 23 rd May. 30-year fixed rates fell by 1 basis point following on from a 3 basis point fall from the previous week. The 1 basis.

Mortgage rates hit 7-year high, crimping home sales – To calculate average mortgage rates, Freddie Mac surveys lenders across the country between Monday and Wednesday each week. of latest polls and data-driven studies from the CBS News Election &.

The 30.13 percent turnout is about 10 percent higher than the 20 percent turnout of the March 12 election. The levy will replace the current levy of $3 million per year, which expires in June.

2017 Mortgage Rate Outlook: The Trump Effect Mortgage rates today, November 16, plus lock recommendations  · mortgage rates continued their trek higher this week due in part to the continued growth in the U.S. economy and a tight labor market. Positive economic data usually pushes bond prices lower, which leads to higher rates. Freddie Mac reports that the 30-year fixed-rate mortgage rose five basis points to 4.66%, the highest level since May 19, 2011.The central bank on Wednesday held its key policy rate unchanged, at 2.25%-2.50%, but that clearly doesn’t tell the whole.