Mortgage rates were on the rise in the week ending 6 th September, a second consecutive week of gains coming off the back of 3 consecutive weeks of decline.

Mortgage rates rose for the second consecutive week according to the weekly mortgage survey by Freddie Mac. Average rates for both the 30-year and 15-year fixed-rate mortgages climbed slightly during the week ending Thursday, Nov. 12. The 15-year fixed-rate mortgage average is now the same as it was this time last year, and the 30-year fixed-rate mortgage average is only slightly lower than last year’s rate.

Mortgage Applications Decline for sixth consecutive week May 30 2018, 5:59AM Although interest rates extended their decline for the second week, the level of mortgage activity failed to respond.

Mortgage rates moved upward for a second consecutive week, with the average rate for a 30-year fixed. “Borrowing costs may be slowly on the rise again in coming weeks, as investors remain.

Application volume rises even with little movement in rates price rises $10. That is, they demand or buy much less of the product when price rises even a little bit. Such a "touchy" curve is called elastic or highly elastic.A relatively steep demand curve like Figure 1(b), which indicates that consumers respond hardly at all to a price change, is called inelastic. In this graph, a $10 price rise.

30-Year Fixed Mortgage Rates Rise for Second Consecutive Week; Current Rate is 4.28%, According to Zillow Mortgage Rate Ticker By Published: Aug 6, 2013 2:02 p.m. ET

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The 30-year fixed mortgage rate hovered between 4.2 and 4.27 percent early last week before rising to the current rate this morning. "Rates remained steady for the second week in a row, alleviating.

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Mortgage rates ticked up for the second consecutive week but remain lower than the level a year ago and "attractive" as the spring home buying season approaches, Freddie Mac reported. Through Wednesday, the 30-year fixed rate averaged 3.68 percent, which was up four basis points from the prior week. A year ago, the rate averaged 3.86 percent. Other key rates also rose.

NEW YORK, May 26, 2016 /PRNewswire/ — Mortgage rates increased again this week, with the benchmark 30-year fixed mortgage rate rising to 3.82 percent,

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Thursday is a big day for mortgage rate surveys, and the consensus today is that rates are on the rise. Freddie Mac said this morning that fixed rates rose for the fifth consecutive week on concerns.

"Mortgage rates rose for the second consecutive week as 10-year Treasury yields surged. Housing starts [PDF] declined 2 percent to a seasonally adjusted pace of 1.065 million units and housing permits dipped 0.7 percent in January.

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