New home mortgage rates will rise-Fannie Mae mortgage bond yields rose

New home mortgage rates will rise,-Fannie Mae mortgage bond yields rose,Two U.S. mortgage financing giant Fannie Mae (Fannie Mae) and Freddie Mac (Freddie Mac) mortgage bond yields rose Thursday to nearly the highest level in two months, Which Means that new home mortgage rates will rise. thereby  damage the U.S. housing market.

Data show that  as of 13:40 7th.August New York time, the Fannie Mae current coupon rate on 30-year fixed mortgage rate bond yields rose 4 basis points to 4.72%. higher than 4.38% in July 31th. a the highest level record since June 19th.  

Fannie Mae current coupon rate on 30-year fixed rate mortgage bonds and 10-year spread between government bonds rose 4 basis points to 0.97 percentage points,which isthe highest level since July 21th. Prior to this, the spread in the August 3th KUSAKABE touch 0.88 percentage points, hit its lowest level since more than two months.

Freddie Mac said today that as of August 5th, 30-year fixed mortgage rates average interest rate fell to 5.22%,is the first time to decline since these three-week. Prior to this, the interest rate in April fell to 4.78% of the temporary low. then in June rose to 5.59%, the Federal Reserve led investors to curb the rising costs of financing efforts ended in failure may be emotional concerns.

This week, the 10-year bond yield rose to the highest since June, because the most recent published reports show that the U.S. economy is improving, investors bought high-risk funds, so as to promote the so-called ” agency mortgage bonds “increased.

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