7.31%) Archives - Citizen Watch Report

Freddie Mac’s 30Y Rate Rises To 7.31%, Highest Since Dec 2000, 10-year Treasury Yield Up To 4.67% (Mortgage Rate Up 69% Under Biden)

September 28, 2023 5:31 pm

by confoundedinterest17 Freddie Mac’s mortgage rate is up to 7.31%, the highest level since December 2000. That means that mortgage rates are up 69% under Biden. That is in spite of $2.5 TRILLION in agency MBS being held on The …

Mortgage Applications Increased 5.4% Last Week, But Purchase Demand Still Down -26% YoY And Refi Demand Down -29% YoY (Despite Mortgage Rate Rising To 7.31%)

September 20, 2023 9:02 pm

by confoundedinterest17 Mortgage applications increased last week, despite the 30-year fixed rate edging back up to 7.31 percent – its highest level in four weeks. Mortgage applications increased 5.4 percent from one week earlier, according to data from the Mortgage …