国产精品99一区二区三_免费中文日韩_国产在线精品一区二区_日本成人手机在线

U.S. mortgage rates hit seven-year high

Source: Xinhua| 2018-11-09 00:40:15|Editor: yan
Video PlayerClose

WASHINGTON, Nov. 8 (Xinhua) -- U.S. mortgage rates reached the highest level since 2011, the Federal Home Loan Mortgage Corporation, commonly known as Freddie Mac, said on Thursday.

For the week ending November 8, 30-year fixed-rate mortgage (FRM) in the United States averaged 4.94 percent, according to Freddie Mac's newly-released survey.

"The economy continued to show resilience as strong business activity and growth in employment drove the 30-year fixed mortgage rate to a seven year high of 4.94 percent -- up 11 basis points from last week," said Sam Khater, chief economist of Freddie Mac.

For the same period a year ago, the 30-year FRM averaged 3.9 percent, according to Freddie Mac.

The survey also showed that 15-year FRM this week averaged 4.33 percent, while the reading was 3.24 percent a year ago.

Khater also noted that higher mortgage rates have led to a slowdown in home price growth across the United States, but the price deceleration has been concentrated in wealthy coastal markets.

"The more affordable interior markets -- which have not yet experienced a slowdown home price growth -- may see price growth start to moderate and affordability squeezed if mortgage rates continue to march higher," Khater added.

Freddie Mac is a corporation founded by U.S. Congress, aiming at promoting the stability and affordability in the U.S. housing market by purchasing mortgages from banks and other loan makers. The corporation has been conducting weekly surveys on U.S. mortgage rates since April 1971.

TOP STORIES
EDITOR’S CHOICE
MOST VIEWED
EXPLORE XINHUANET
010020071420000000000000011105521375928941
主站蜘蛛池模板: 舒兰市| 仪陇县| 石首市| 闽侯县| 彭水| 阳山县| 唐河县| 井冈山市| 东宁县| 本溪市| 阳谷县| 霸州市| 巧家县| 大连市| 天全县| 旅游| 邵阳市| 武定县| 巴中市| 玉树县| 米泉市| 根河市| 延津县| 文山县| 通辽市| 清水河县| 新巴尔虎右旗| 孝义市| 呼伦贝尔市| 淮南市| 青浦区| 东海县| 云和县| 新泰市| 界首市| 翁牛特旗| 揭东县| 邢台县| 民乐县| 潮州市| 碌曲县|