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permlink | us-mortgage-rates-rise-for-a-6th-consecutive-week-mortgage-rates-were-on-the-rise-once-more-last-week-the-upward-trend-in-rate |
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title | ">U.S Mortgage Rates Rise for a 6th Consecutive Week Mortgage rates were on the rise once more last week. The upward trend in rates and home prices is beginning to take effect on refinancing and demand." |
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body | "
> WELCOME TO MY POST
![IMAGE](https://responsive.fxempire.com/v7/_fxempire_/2021/03/house-salesnow.jpg?func=cover&q70&width=615)
Mortgage rates were on the rise for a 6th consecutive week in the week ending 25th March. Following a 4-basis points rise from the week prior; 30-year fixed rates rose by a further 8 basis points to 3.17%.
Compared to this time last year, 30-year fixed rates were down by just 33 basis point
30-year fixed rates were still down by 177 basis points, however, since November 2018’s last peak of 4.94%.
Notably, it was just the fourth plus 3% week since July of last year and the highest rate since 10th June 2020, where 30-year fixed rates had stood at 3.21%.
[SOURCE](https://www.fxempire.com/news/article/u-s-mortgage-rates-rise-for-a-6th-consecutive-week-714027)
---
#### Thanks a lot for visiting on my post
###### If you have any suggestions you can drop them in the comment section
" |
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!ENGAGE 10
Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@jfang003/re-globetrottergcc-47dxxx)" |
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