Mortgage rates forecast

Mortgage rates posted a slight increase this week following the Federal Open Markets Committee's decision to boost short-term rates by 25 basis points, according to Freddie Mac.

After increasing for nine consecutive weeks, mortgage rates dropped for the first time in 2018, according to Freddie Mac's Primary Mortgage Market Survey.

Mortgage rates increased for the ninth consecutive week, moving in reaction to bond and stock market volatility.

The new Federal Reserve Board chairman's testimony in Congress was the driver of this week's mortgage rate increase, according to Freddie Mac.

The 30-year fixed mortgage rate moved up for the seventh consecutive week with further increases possible as bond yields rise over concerns about higher inflation.

The recent bond market volatility will cause mortgage rates to rise to a higher level than previously projected, according to Fannie Mae.

Mortgage rates rose to their highest level in almost four years, as worries over inflation drove the 10-year Treasury yield to just shy of 3%.

Mortgage rates hit their highest mark since December 2016 as bond yields were affected by the roller coaster stock market, according to Freddie Mac.

Mortgage rates, which are significantly higher since the start of the year, are likely to rise for weeks to come, according to Freddie Mac.

Mortgage rates rose for the third consecutive week and with expected continued economic growth, further increases are likely.

Given the improving U.S. economy, mortgage rates will probably not fall back under the 4% mark anytime soon.

Mortgage rates jumped across the board as investors sold some of their Treasury bond holdings, which led to higher yields, according to Freddie Mac.

Mortgage rates dropped to start the year as the markets had little new news to react on during the holiday period.

Mortgage rates rose to their highest level since the summer as predicted following Congress passing income tax reform, according to Freddie Mac.

The tax reform bill Congress sent to President Trump's desk this week is likely to prompt at least a short-term spike in mortgage rates.

The mortgage market had already priced the Federal Open Market Committee's 25-basis-point hike into its rates so there was little change, according to Freddie Mac.

Mortgage rates ticked up this week, but a larger rise is possible next week depending on what Congress does about tax reform and the budget.

Mortgage rates moved lower this week, but strong economic data and comments by the outgoing Federal Reserve chair left many anticipating higher rates, according to Freddie Mac.

Mortgage rates ticked down this week after previously hitting their highest level since July, according to Freddie Mac.

Mortgage rates moved to their highest mark since July and the 10-year Treasury yield ticked up 6 basis points, according to Freddie Mac.