US Rate On 30-Year Mortgage Rises To 3.40 Pct. - Spokane, North Idaho News & Weather KHQ.com

US Rate On 30-Year Mortgage Rises To 3.40 Pct.

WASHINGTON (AP) - Average U.S. rates on fixed mortgages rose this week but remained close to record lows. Cheap mortgages have made home buying more affordable and have helped drive a housing recovery.
    
Mortgage buyer Freddie Mac says the average rate on the 30-year loan increased to 3.40 percent from 3.34 percent last week. That's still near the 3.31 percent rate reached in November, the lowest on records dating to 1971.
    
The average on the 15-year fixed mortgage increased to 2.66 percent from 2.64 percent last week. The record low is 2.63 percent.
    
Mortgage rates tend to track the yield on the 10-year Treasury note. The yield on the note has risen this year from 1.70 percent to 1.89 percent Thursday.

(Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)

  • Most Popular StoriesMost Popular StoriesMore>>

  • Violent Spokane drug trafficker gets 30 years in prison

    Violent Spokane drug trafficker gets 30 years in prison

    Wednesday, May 24 2017 12:00 AM EDT2017-05-24 04:00:27 GMT

    SPOKANE, Wash. - A 32-year-old Spokane man was sentenced to 30 years in prison Tuesday, after he pleaded guilty to drug trafficking charges, firearms offenses and threatening witnesses. The United States Attorney's Office reported Tuesday that Aren Lee Perryman, aka Filthy, pleaded guilty to Trafficking in Methamphetamine and Heroin; Possessing and Using Firearms in Connection with Drug Trafficking; and Intimidating and Threatening witnesses.

    >>

    SPOKANE, Wash. - A 32-year-old Spokane man was sentenced to 30 years in prison Tuesday, after he pleaded guilty to drug trafficking charges, firearms offenses and threatening witnesses. The United States Attorney's Office reported Tuesday that Aren Lee Perryman, aka Filthy, pleaded guilty to Trafficking in Methamphetamine and Heroin; Possessing and Using Firearms in Connection with Drug Trafficking; and Intimidating and Threatening witnesses.

    >>
  • Graco recalls 25,000 car seats

    Graco recalls 25,000 car seats

    Wednesday, May 24 2017 9:53 AM EDT2017-05-24 13:53:02 GMT

    DETROIT (AP) - Graco Children's Products is recalling more than 25,000 car seats because the harness webbing can break in a crash and may not keep children restrained. The recall affects certain My Ride 65 convertible seats made on July 22, 2014 with a code of 2014/06 on a tag that's on the webbing.

    >>

    DETROIT (AP) - Graco Children's Products is recalling more than 25,000 car seats because the harness webbing can break in a crash and may not keep children restrained. The recall affects certain My Ride 65 convertible seats made on July 22, 2014 with a code of 2014/06 on a tag that's on the webbing.

    >>
  • Woman lost in Montana wilderness tells miraculous story of survival

    Woman lost in Montana wilderness tells miraculous story of survival

    Tuesday, May 23 2017 8:56 PM EDT2017-05-24 00:56:55 GMT

    By David Winter ABC Fox Montana/KTMF A Chicago woman visiting family in Montana captivated the nation for nearly a week as she was lost in the woods. Then miraculously, found alive and well with her dog, Mogie. Now Madeline Connelly, her family and members of the search crew are sharing their stories from Maddie's seven days alone in the woods.

    >>

    By David Winter ABC Fox Montana/KTMF A Chicago woman visiting family in Montana captivated the nation for nearly a week as she was lost in the woods. Then miraculously, found alive and well with her dog, Mogie. Now Madeline Connelly, her family and members of the search crew are sharing their stories from Maddie's seven days alone in the woods.

    >>
HD DOPPLER 6i
/