In the News

Title

Interest Rates Rise, as Mortgage Borrowers Worry

Document Type

Article

Publication Date

11-17-2016

Abstract

With the benchmark U.S. Treasury rate standing at 2.23% on Nov. 16, up from 1.83% on Nov. 7 -- the day before the U.S. presidential election -- mortgage rates are climbing, and fast.

30-year fixed rate mortgage rates have risen from 3.77% to 3.95% in the same time frame, and the frenzy shows few signs of abating.