The average 30-year fixed-rate mortgage this week climbed 10 basis points from the previous week.

A 7-basis-point elevation was recorded for the average 15-year mortgage.

But rates could see-saw and wind up around 10 BPS lower in next week’s report based on an analysis of data from the Department of the Treasury.

Related posts:

1. Holidays Dampen Demand, Rates Bounce off Bottom The U.S. Mortgage Market Index from Mortech Inc. and MortgageDaily.com for the week ended Dec. 23 was 193. It was...
2. Record Fixed Rates Might Fall Further The average 30-year fixed-rate mortgage fell 5 basis points over the past seven days to its lowest level ever recorded....
3. Rates Inch Up But Could Fall The average 30-year mortgage moved up a basis point from last week. It was the same story for the 15-year...
4. Low Rates Could Fall More The average 30-year mortgage moved up a basis point from last week. It was the same story for the 15-year...
5. Rising Rates Could Hold The average 30-year mortgage soared 18 basis points from last week. A better-than-expected employment report was blamed for the increase....

Tags: increase, might, Rates, Retreat

This entry was posted on Friday, January 27th, 2012 at 8:24 am and is filed under Cheap Home Loan. You can follow any responses to this entry through the RSS 2.0 feed. Responses are currently closed, but you can trackback from your own site.