{"id":417614,"date":"2022-03-17T20:52:58","date_gmt":"2022-03-17T17:52:58","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/mortgage-rates-soar-past-4-for-first-time-in-three-years\/"},"modified":"2022-03-17T20:52:58","modified_gmt":"2022-03-17T17:52:58","slug":"mortgage-rates-soar-past-4-for-first-time-in-three-years","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/mortgage-rates-soar-past-4-for-first-time-in-three-years\/","title":{"rendered":"#Mortgage rates soar past 4% for first time in three years"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_85 counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-6a357844ace66\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #dd3333;color:#dd3333\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #dd3333;color:#dd3333\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-6a357844ace66\" checked aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-1'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/buradabiliyorum.com\/en\/mortgage-rates-soar-past-4-for-first-time-in-three-years\/#%E2%80%9CMortgage_rates_soar_past_4_for_first_time_in_three_years%E2%80%9D\" >&#8220;Mortgage rates soar past 4% for first time in three years&#8221;<\/a><\/li><\/ul><\/nav><\/div>\n<h1><span class=\"ez-toc-section\" id=\"%E2%80%9CMortgage_rates_soar_past_4_for_first_time_in_three_years%E2%80%9D\"><\/span>&#8220;Mortgage rates soar past 4% for first time in three years&#8221;<span class=\"ez-toc-section-end\"><\/span><\/h1>\n<div>\n<aside class=\"single__inline-module alignleft\">\n<\/aside>\n<p>Mortgage rates have risen above 4% for the first time since May 2019.<\/p>\n<p>The 30-year fixed-rate home loan averaged 4.16% in the week ending on Thursday, up from 3.85% the previous week, according to Freddie Mac.<\/p>\n<p>A year ago, the long-term rate was 3.05%.<\/p>\n<p>The data was released just a day after the Federal Reserve boosted interest rates by a quarter of a percentage point in an effort to tame rapidly rising inflation.<\/p>\n<p>The decision marks a reversal of the stimulus policy adopted by the central bank to prop up the economy when it was hampered by the coronavirus pandemic.<\/p>\n<p>Mortgage rates rise and fall independently of the federal funds rate. Instead, they correspond to the yield on 10-year Treasury bonds.<\/p>\n<p>\u201cThe Federal Reserve raising short-term rates and signaling further increases means mortgage rates should continue to rise over the course of the year,\u201d said Freddie Mac chief economist Sam Khater.<\/p>\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" loading=\"lazy\" width=\"1024\" height=\"682\" src=\"https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/03\/mortgage-rates-increase-2.jpg?quality=90&amp;strip=all&amp;w=1024\" alt=\"It remains to be seen what impact the mortgage rates will have on the housing market.\" class=\"wp-image-21561678\" srcset=\"https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/03\/mortgage-rates-increase-2.jpg?quality=90&amp;strip=all&amp;w=1535 1536w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/03\/mortgage-rates-increase-2.jpg?quality=90&amp;strip=all 1024w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/03\/mortgage-rates-increase-2.jpg?quality=90&amp;strip=all&amp;w=512 512w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\"\/><figcaption>It remains to be seen what impact the mortgage rates will have on the housing market.<\/figcaption><figcaption><span class=\"credit\">Getty Images<\/span><\/figcaption><\/figure>\n<p>The average rate of the 15-year fixed-rate mortgage was 3.39%  \u2014 an increase from 3.09% last week.<\/p>\n<p>Analysts are now waiting to see how the rising mortgage rates will impact the housing market.<\/p>\n<p>Home prices are up about 15% in the past year and as much as 30% in some cities. <\/p>\n<p>Available housing has been in short supply even before the pandemic started two years ago, and higher prices and rising interest rates will make it even harder for Americans to secure a new home.\n                        <\/p><\/div>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMLG0nwswvr63Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">News<\/a> articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/news\/\" target=\"_blank\" rel=\"noopener\">News category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/nypost.com\/2022\/03\/17\/mortgage-rates-soar-past-4-for-first-time-in-three-years\/\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8220;Mortgage rates soar past 4% for first time in three years&#8221; Mortgage rates have risen above 4% for the first time since May 2019. The 30-year fixed-rate home loan averaged 4.16% in the week ending on Thursday, up from 3.85% the previous week, according to Freddie Mac. A year ago, the long-term rate was 3.05%&#8230;.<\/p>\n","protected":false},"author":1,"featured_media":417615,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/03\/mortgage-rates-increase-4.jpg?quality=90&strip=all&w=1024","fifu_image_alt":"","footnotes":""},"categories":[70897],"tags":[126886,5069,12156,70552,87723],"class_list":["post-417614","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-3-17-22","tag-economy","tag-housing","tag-interest-rates","tag-mortgages"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/417614","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=417614"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/417614\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/417615"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=417614"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=417614"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=417614"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}