Avg. Mortgage Rate Up To 4.35 Pct. Off Decades-Low - Spokane, North Idaho News & Weather KHQ.com

Avg. Mortgage Rate Up To 4.35 Pct. Off Decades-Low

WASHINGTON (AP) - Mortgage rates mostly edged up last week as investors' fears about the economy eased.

Mortgage buyer Freddie Mac says the average rate for a 30-year fixed loan was 4.35 percent, up from 4.32 percent the week before.

It was only the second rise in the past 12 weeks. Last week's was the lowest number since Freddie Mac began tracking rates in 1971.

The average rate on a 15-year fixed loan remained at 3.83 percent after falling last week. It's still the lowest rate on records starting in 1991.

Rates have been falling since spring as investors shift money into safe Treasury bonds. That influx of money has lowered Treasury yields, which mortgage rates tend to track.

But improved economic news this month has drawn some money back into the stock market.
      
      (Copyright 2010 by The Associated Press.  All Rights Reserved.)

  • Most Popular StoriesMost Popular StoriesMore>>

  • Suspect identified in fatal downtown Spokane shooting

    Suspect identified in fatal downtown Spokane shooting

    Thursday, October 18 2018 2:45 PM EDT2018-10-18 18:45:23 GMT

    SPOKANE, Wash. - Update: Spokane Police Department SWAT Team officers took a homicide suspect into custody following an afternoon shooting in downtown Spokane. That suspect was identified as 27-year-old Joel C. Taitch. He was found blocks away from the crime scene and booked for 2nd degree murder. 

    >>

    SPOKANE, Wash. - Update: Spokane Police Department SWAT Team officers took a homicide suspect into custody following an afternoon shooting in downtown Spokane. That suspect was identified as 27-year-old Joel C. Taitch. He was found blocks away from the crime scene and booked for 2nd degree murder. 

    >>
  • Spokane dealing with blue ash aphid invasion

    Spokane dealing with blue ash aphid invasion

    Wednesday, October 17 2018 9:43 PM EDT2018-10-18 01:43:56 GMT

    SPOKANE, Wash. - Feel like you have to keep swatting bugs away when you've been walking outside this week? What you might be calling gnats, are really blue ash aphids. And right now they are more active than ever, because it's mating season. KHQ met a couple who noticed the blue ash aphids right when they started their walk in the park. 

    >>

    SPOKANE, Wash. - Feel like you have to keep swatting bugs away when you've been walking outside this week? What you might be calling gnats, are really blue ash aphids. And right now they are more active than ever, because it's mating season. KHQ met a couple who noticed the blue ash aphids right when they started their walk in the park. 

    >>
  • UPDATE: Texas police say woman who dropped child on doorstep and left was at the wrong house

    UPDATE: Texas police say woman who dropped child on doorstep and left was at the wrong house

    Thursday, October 18 2018 4:37 PM EDT2018-10-18 20:37:08 GMT

    SPRING, Texas - Authorities near Houston are trying to identify a woman who abandoned a toddler on a stranger's doorstep. The Montgomery County Sheriff's Office says a video doorbell captured the woman running up to the door of the home in Spring dragging the boy by his arm, ringing the doorbell and knocking several times.

    >>

    SPRING, Texas - Authorities near Houston are trying to identify a woman who abandoned a toddler on a stranger's doorstep. The Montgomery County Sheriff's Office says a video doorbell captured the woman running up to the door of the home in Spring dragging the boy by his arm, ringing the doorbell and knocking several times.

    >>
HD DOPPLER 6i
/