Other Atlanta mortgage types mixed. The average rate for 15-year fixed-rate mortgages fell 2 basis points, reaching 3.51 percent. Monthly payments on a hypothetical $165,000, 15-year fixed-rate mortgage followed rates ticking downwards, tapering off $1.62 to $1,180.37.
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Fed’s Bostic sees one U.S. interest rate hike this year – ATLANTA. term policy rate approaches neutral, Bostic said the central bank needs to be careful not to go too far and unintentionally tighten credit markets too much. “This is an area where we have.
Current Mortgage Rates Rise to Start the Week | Total. – Current mortgage rates have been rising steadily over the past month, a trend that we expect to persist for the foreseeable future. Inflation data, overseas trade negotiations, and speaking engagements from the Federal Reserve should be the main market movers this week.
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It may be time to red-flag mortgage REIT funds – Funds that invest in mortgage. current market conditions to keep small doses of REM in client portfolios. "We’re seeing enough pros in the marketplace to balance many of the red flags on the.
SunTrust to cut 800 jobs in mortgage business – Atlanta. its mortgage business, joining other competitors in shedding jobs as interest rates rise, putting a damper on refinancing. SunTrust spokesman Michael McCoy told The Atlanta.
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