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Mortgage rates were decidedly mixed today, depending on the lender. Some were in better shape compared to last Thursday (markets were closed on Friday) while others were decidedly worse. Most of the.

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Mortgage buyer Freddie Mac says the average rate on 30-year fixed-rate mortgages rose to 3.99 percent, from 3.95 percent last week. This week’s rate matches a 5-month high set two weeks ago. A year ago, the 30-year rate averaged 4.12 percent.

On the other side of the equation, rising interest rates will be a catastrophe for consumers and the overall U.S. economy. Consumers will see the interest they pay on credit cards jump 0.75%. Mortgage rates, which have risen by half a percentage point over the past year, will jump another 50 basis points.

 · Compare Mortgage Rates. Get Personalized Rates. Last Friday’s job report showed a deceleration in the pace of new jobs, up just 157,000 in July and the weakest since March. Upward revisions to the prior month, adding 59,000 jobs still made for a robust report. The unemployment rate fell to 3.9% from 4.0% reflecting how tight the job market is.

View timely mortgage rate trends data at Mortgage. Search local rates in your area and learn which factors determine your mortgage interest rate.

Condos May Have Hidden Costs. Note that the pricing adjustment doesn’t mean your mortgage rate will/should be .75% higher, it just means the bank or mortgage broker will make less commission, and thus will charge a higher rate or cost accordingly. So expect a mortgage rate maybe .125% or .25% higher if it’s a condo, and perhaps even more if it’s a high-rise condo.

For the past few years auto insurance rates have increased, and are unlikely to stop in 2018. More accidents and higher catastrophe losses have compressed margins for the insurers to the point they are forced to pass the burden onto their customers in order to turn better profits. We go in-depth about how and why your rates may continue to increase in the near future.

Mortgage rates had an uneventful. 3rd Q should hold an opportunity for fence sitters and rate watchers (September is the last month of the 3rd Q)." -Constantine Floropoulos, Quontic Bank After.

I am advising all of my clients to lock in at application secure their rate and if the market improves prior to closing we can always renegotiate their lock terms"-Kenneth Crute Branch Manager Prime.