Author – The Durango Herald

Mortgage rates rise sharply on positive developments surrounding Brexit and China

A potential Brexit deal as well as progress in the trade talks with China caused a sharp rise in mortgage rates this week, continuing a volatile period for home loan rates. Accord...

DATE: Oct 17, 2019 | CATEGORY: Business

Mortgage rates pull back on weaker-than-expected economic data

Mortgage rates retreated this week after the services sector reported its slowest growth rate in three years. According to data released Thursday by Freddie Mac, the 30-year fixed...

DATE: Oct 10, 2019 | CATEGORY: Business

Mortgage rates pause as markets digest impact of Federal Reserve meeting

While waiting to see what the Federal Reserve would do at its meeting this week, mortgage rates held steady. According to the latest data released Thursday by Freddie Mac, the 30-...

DATE: Aug 1, 2019 | CATEGORY: Business

Fixed mortgage rates end up back where they started after an up-and-down week

Mortgage rates were caught in a tug of war this week as economic news pushed them up and then pulled them down, leaving them back where they started. According to the latest data ...

DATE: Jul 11, 2019 | CATEGORY: Business

Mortgage rates tick up, but lower bond yields signal more declines

After falling more than a half percentage point the past four months, mortgage rates rebounded this week. According to the latest data released Thursday by Freddie Mac, the 30-yea...

DATE: Jul 4, 2019 | CATEGORY: Business

Mortgage rates are in a free fall with no end in sight

Global and domestic economic concerns continue to drive down mortgage rates. According to the latest data released Thursday by Freddie Mac, the 30-year fixed-rate average slipped ...

DATE: Mar 23, 2019 | CATEGORY: Business

Mortgage rates sink to lowest levels in more than a year

Mortgage rates were driven down this week by weak economic data and concerns about global growth. According to the latest data released Thursday by Freddie Mac, the 30-year fixed-...

DATE: Mar 14, 2019 | CATEGORY: Business

Mortgage rates level off after three weeks of declines

Buffeted by mixed economic news, mortgage rates stayed put this week. According to the latest data released Thursday by Freddie Mac, the 30-year fixed-rate average was unchanged a...

DATE: Mar 1, 2019 | CATEGORY: Business

Mortgage rates tumble to 10-month low

Fixed mortgage rates sank to a 10-month low this week amid uncertainty about the health of the economy. According to the latest data released Thursday by Freddie Mac, the 30-year ...

DATE: Feb 7, 2019 | CATEGORY: Business

Mortgage rates retreat a bit

Rates expected to resume rising

DATE: Oct 5, 2018 | CATEGORY: Business

Mortgage rates soar to 7-year highs

NEW YORK – Five consecutive weeks of increases pushed mortgage rates to their highest level since April 2011. According to the latest data released Thursday by Freddie Mac, the 30...

DATE: Sep 28, 2018 | CATEGORY: Business

Mortgage rates dip on weak jobs report

NEW YORK – Mortgage rates retreated this week after weaker-than-expected employment data. According to the latest data released Thursday by Freddie Mac, the 30-year fixed-rate ave...

DATE: Aug 9, 2018 | CATEGORY: Business