1. Home
  2. News
  3. Finance News
  4. Housing Trends

Housing Trends

Mortgage rates hit an eight-month high

The window for refinancing appears to be closing

Home mortgage rates are still relatively low, but they’re not as low as they have been. According to the Mortgage Bankers Association (MBA), the rate on loans for purchases and refinancing has hit an eight-month high.

"Mortgage rates increased again last week, as the 30-year fixed rate reached 3.30 percent and the 15-year fixed rate rose to 2.59 percent - the highest for both in eight months,” said Joel Kan, the MBA's associate vice president of Economic and Industry For...

Not sure how to choose?

Get expert buying tips about Housing Trends delivered to your inbox.

    By entering your email, you agree to sign up for consumer news, tips and giveaways from ConsumerAffairs. Unsubscribe at any time.

    Thank you, you have successfully subscribed to our newsletter! Enjoy reading our tips and recommendations.

    Recent Articles

    Sort by: