What’s Ahead For Mortgage Rates This Week – November 14, 2016

Last week’s economic news included readings on job openings, consumer sentiment and the Federal Reserve’s monthly survey of senior loan officers. Weekly reports on mortgage rates and new jobless claims were also released. Freddie Mac noted that last week’s primary mortgage market survey did not include post-election readings as the survey information was gathered prior to election results.

Loan Officers Survey: High Demand for Home Loans, Commercial Lenders Raise Standards

As demand for mortgage financing and homes increase, the Federal Reserve reported last week that banks are tightening the screws on commercial lending requirements. This could present challenges to home builders; they’ve been consistently pressured to build more homes at a faster pace. Less availability of commercial financing may impact home builders and their suppliers. The survey indicated that demand for home and consumer loans also increased.

Mortgage Rates Rise, New Jobless Claims Fall

Mortgage rates rose across the board on average. Freddie Mac reported the rate for a 30-year fixed rate mortgage rose three basis points to 3.57 percent. The average rate for a 15-year fixed rate mortgage increased four basis points to 2.88 percent, which equaled the average rate for a 5/1 adjustable rate mortgage. Average discount points were unchanged at 0.50 percent for fixed rate mortgages and 0.40 percent for 5/1 adjustable rate mortgages.

New jobless claims fell to 254,000, which was lower than the expected reading of 260,000 new claims. Last week’s reading was also lower than 265,000 new claims filed the prior week. Job openings held steady at 5.50 million in September.

According to the University of Michigan’s monthly consumer sentiment index, November’s reading rose 91.60 in November as compared to an expected index reading of 88.00 and October’s reading of 87.20. This reading falls in line with strengthening labor markets. Improving economic conditions can influence consumers who want to buy homes.

What‘s Ahead

Next week’s economic reports include releases from the National Association of Home Builders, Commerce Department readings on housing starts and building permits issued and weekly releases on new jobless claims and mortgage rates.

Click Here to See What Your Home is Worth

Listing types.

For Sale

For Rent

Land

Multifamily

Commercial

Location Search Nearby

BedsAny1+2+3+4+5+6+

BathsAny1+2+3+4+5+6+

Price MinAny$50,000$100,000$150,000$200,000$250,000$300,000$350,000$400,000$450,000$500,000$600,000$700,000$800,000$900,000$1,000,000$1,100,000$1,200,000$1,300,000$1,400,000$1,500,000$1,600,000$1,800,000$1,900,000$2,000,000$2,250,000$2,500,000$2,750,000$3,000,000$3,250,000$3,500,000$3,750,000$4,000,000$4,500,000$5,000,000$6,000,000$8,000,000$10,000,000$15,000,000

Price MaxAny$50,000$100,000$150,000$200,000$250,000$300,000$350,000$400,000$450,000$500,000$600,000$700,000$800,000$900,000$1,000,000$1,100,000$1,200,000$1,300,000$1,400,000$1,500,000$1,600,000$1,800,000$1,900,000$2,000,000$2,250,000$2,500,000$2,750,000$3,000,000$3,250,000$3,500,000$3,750,000$4,000,000$4,500,000$5,000,000$6,000,000$8,000,000$10,000,000$15,000,000

Advanced Options

Property TypeAnyApartmentManufactured HomeSingle Family ResidenceTownhouseTwin Home

School District

Address, MLS# or Keyword

Home SizeAny600 ft2800 ft21,000 ft21,200 ft21,400 ft21,600 ft21,800 ft22,000 ft22,200 ft22,400 ft22,600 ft22,800 ft23,000 ft23,500 ft24,000 ft24,500 ft25,000 ft25,500 ft26,000 ft2

YearAny2024+2023+2022+2021+2020+2019+2018+2017+2016+2015+2014+2013+2012+2011+2010+2009+2008+2007+2006+2005+2004+2003+2002+2001+2000+1999+1998+1997+1996+1995+1994+1993+1992+1991+1990+1980+1970+1960+1950+1940+1930+

Distressed

Open House

Location Search Nearby

BedsAny1+2+3+4+5+6+

BathsAny1+2+3+4+5+6+

Price MinAny$500$600$700$800$900$1,000$1,100$1,200$1,300$1,500$1,600$1,700$1,800$1,900$2,000$2,250$2,500$2,750$3,000$3,250$3,500$3,750$4,000$4,500$5,000$5,500$6,000$6,500$7,000$7,500$8,000$8,500$9,000$9,500$10,000

Price MaxAny$500$600$700$800$900$1,000$1,100$1,200$1,300$1,500$1,600$1,700$1,800$1,900$2,000$2,250$2,500$2,750$3,000$3,250$3,500$3,750$4,000$4,500$5,000$5,500$6,000$6,500$7,000$7,500$8,000$8,500$9,000$9,500$10,000

Advanced Options

Property TypeAnyApartmentManufactured HomeSingle Family ResidenceTownhouseTwin Home

School District

Address, MLS# or Keyword

Home SizeAny600 ft2800 ft21,000 ft21,200 ft21,400 ft21,600 ft21,800 ft22,000 ft22,200 ft22,400 ft22,600 ft22,800 ft23,000 ft23,500 ft24,000 ft24,500 ft25,000 ft25,500 ft26,000 ft2

YearAny2024+2023+2022+2021+2020+2019+2018+2017+2016+2015+2014+2013+2012+2011+2010+2009+2008+2007+2006+2005+2004+2003+2002+2001+2000+1999+1998+1997+1996+1995+1994+1993+1992+1991+1990+1980+1970+1960+1950+1940+1930+

Location Search Nearby

Lot SizeAny1+ Acres2+ Acres3+ Acres4+ Acres5+ Acres6+ Acres7+ Acres8+ Acres9+ Acres10+ Acres20+ Acres30+ Acres40+ Acres50+ Acres

Price MinAny$50,000$100,000$150,000$200,000$250,000$300,000$350,000$400,000$450,000$500,000$600,000$700,000$800,000$900,000$1,000,000$1,100,000$1,200,000$1,300,000$1,400,000$1,500,000$1,600,000$1,800,000$1,900,000$2,000,000$2,250,000$2,500,000$2,750,000$3,000,000$3,250,000$3,500,000$3,750,000$4,000,000$4,500,000$5,000,000$6,000,000$8,000,000$10,000,000$15,000,000

Price MaxAny$50,000$100,000$150,000$200,000$250,000$300,000$350,000$400,000$450,000$500,000$600,000$700,000$800,000$900,000$1,000,000$1,100,000$1,200,000$1,300,000$1,400,000$1,500,000$1,600,000$1,800,000$1,900,000$2,000,000$2,250,000$2,500,000$2,750,000$3,000,000$3,250,000$3,500,000$3,750,000$4,000,000$4,500,000$5,000,000$6,000,000$8,000,000$10,000,000$15,000,000

Advanced Options

Neighborhood

Address, MLS# or Keyword

Location Search Nearby

Price MinAny$50,000$100,000$150,000$200,000$250,000$300,000$350,000$400,000$450,000$500,000$600,000$700,000$800,000$900,000$1,000,000$1,100,000$1,200,000$1,300,000$1,400,000$1,500,000$1,600,000$1,800,000$1,900,000$2,000,000$2,250,000$2,500,000$2,750,000$3,000,000$3,250,000$3,500,000$3,750,000$4,000,000$4,500,000$5,000,000$6,000,000$8,000,000$10,000,000$15,000,000

Price MaxAny$50,000$100,000$150,000$200,000$250,000$300,000$350,000$400,000$450,000$500,000$600,000$700,000$800,000$900,000$1,000,000$1,100,000$1,200,000$1,300,000$1,400,000$1,500,000$1,600,000$1,800,000$1,900,000$2,000,000$2,250,000$2,500,000$2,750,000$3,000,000$3,250,000$3,500,000$3,750,000$4,000,000$4,500,000$5,000,000$6,000,000$8,000,000$10,000,000$15,000,000

Advanced Options

School District

Address, MLS# or Keyword

YearAny2024+2023+2022+2021+2020+2019+2018+2017+2016+2015+2014+2013+2012+2011+2010+2009+2008+2007+2006+2005+2004+2003+2002+2001+2000+1999+1998+1997+1996+1995+1994+1993+1992+1991+1990+1980+1970+1960+1950+1940+1930+

Location Search Nearby

Lot SizeAny1+ Acres2+ Acres3+ Acres4+ Acres5+ Acres6+ Acres7+ Acres8+ Acres9+ Acres10+ Acres20+ Acres30+ Acres40+ Acres50+ Acres

Price MinAny$50,000$100,000$150,000$200,000$250,000$300,000$350,000$400,000$450,000$500,000$600,000$700,000$800,000$900,000$1,000,000$1,100,000$1,200,000$1,300,000$1,400,000$1,500,000$1,600,000$1,800,000$1,900,000$2,000,000$2,250,000$2,500,000$2,750,000$3,000,000$3,250,000$3,500,000$3,750,000$4,000,000$4,500,000$5,000,000$6,000,000$8,000,000$10,000,000$15,000,000

Price MaxAny$50,000$100,000$150,000$200,000$250,000$300,000$350,000$400,000$450,000$500,000$600,000$700,000$800,000$900,000$1,000,000$1,100,000$1,200,000$1,300,000$1,400,000$1,500,000$1,600,000$1,800,000$1,900,000$2,000,000$2,250,000$2,500,000$2,750,000$3,000,000$3,250,000$3,500,000$3,750,000$4,000,000$4,500,000$5,000,000$6,000,000$8,000,000$10,000,000$15,000,000

Advanced Options

Address, MLS# or Keyword

YearAny2024+2023+2022+2021+2020+2019+2018+2017+2016+2015+2014+2013+2012+2011+2010+2009+2008+2007+2006+2005+2004+2003+2002+2001+2000+1999+1998+1997+1996+1995+1994+1993+1992+1991+1990+1980+1970+1960+1950+1940+1930+

View As: Thumbnails List

Sort by: Select Price, Low to High Price, High to Low Newer Listings First Older Listings First Open House Date

2875 S Azurite Street Dewey, AZ 86327

$1,475,000

5 Beds

4 Baths

4,742 SqFt

Status Active

MLS # 6658738

Property Type Single Family Residence

Price Type --

Welcome to a one-of-a-kind, fully sustainable and luxurious estate, perfect for multi-generational living, business and church retreats, or as a unique party venue, etc. Nestled on 4+ serene acres, the expansive grounds are a true oasis with the added benefit of a private pond, boasting over 2,000 fish. The lush landscape includes a variety of fruit trees and many raised garden beds to plant your favorites, while two workshops with electricity provide ample space for any hobby or entrepreneurial endeavor. Read to the END! A grandiose stairway leading to the stunning rain glass double doors entering the main house that features 4 bedrooms, including two master suites, and 3 bathrooms, AND a lower level in-law suite with 1 bedroom, 1 bathroom and full kitchen for additional privacy and comfort. The new appliances, oversized L-shaped quartz kitchen counter, and custom Forno fridge make the kitchen a chef's dream. For endless entertainment and relaxation, the indoor heated pool with diving board, jacuzzi, sauna and ¾ bathroom are sure to please. Also, offering a projector with screen and elevated deck with hood vent for BBQing. A separate 2,900 square foot guest house, along with a cozy studio apartment, provide even more space for family, friends, or potential renters. Attached is a RV garage and an oil change pit for the mechanics out there. For outdoor enthusiasts, the sand volleyball court is a fantastic addition. The electric gated entry to the partially fenced private yard, and lack of HOA and CCRs allow for a truly unique living experience. Notable features include solar power, a private well with new pump and pressure tanks and city water, brand new roof on both homes, new 5-ton and 3.5-ton AC units, and propane tankless water heater for the main house. New split units in the guest house and new electric water heater. Experience the ultimate in luxury, sustainability, and versatility in this unparalleled estate ensuring self-sufficiency and eco-friendliness. All in a breathtaking Arizona setting, only 30 mins from the Prescott Courthouse Square and 50 mins from Anthem's outlet mall.

View Property

6918 N 178th Lane Waddell, AZ 85355

$1,475,000

4 Beds

3.5 Baths

3,834 SqFt

Status Active

MLS # 6762928

Property Type Single Family Residence

Price Type --

Brand new home full of custom finishes throughout. Situated on an acre lot with access to flood irrigation in the backyard. NO HOA. Fully landscaped front yard with oversized driveway and plenty of room for all your needs. You do not want to miss this one!

View Property

Show Low AZ 85901

$1,475,000

4 Beds

3.5 Baths

3,232 SqFt

Status Active

MLS # 6760708

Property Type Single Family Residence

Price Type --

Come and experience ''Mountain Luxury'' in this meticulously maintained custom built home with breath taking views of the fairway! FULLY FURNISHED with attention to every detail. Boasting 3 Master Suites, Gourmet Kitchen w/Subzero Frig, Lg Walk-In Pantry, Game Rm w/Bar, Flex Rm/w Murphy bed & more!

View Property

7131 E Rancho Vista Drive Unit 2011 Scottsdale, AZ 85251

$1,475,000

3 Beds

2 Baths

1,886 SqFt

Status Active

MLS # 6637093

Property Type Apartment

Price Type --

Located near Old Town Scottsdale in the Optima Camelview, this urban residence is the essence of modern city living. Thoughtfully designed, this haven offers comfort and style bathed in natural light with floor-to-ceiling windows and captivating views of one of the community pool areas from two private balconies. Three generously sized bedrooms are perfect for relaxation while the bathrooms offer premium fixtures and finishes. The kitchen is equipped with sleek cabinetry, stainless appliances and offers plenty of space for culinary exploration. Residents of Optima can enjoy amenities such as the state-of-the-art fitness center, multiple pools and spas, and the lush landscaped gardens. The prime location is moments away from fine dining, shopping, entertainment and the best that Scottsdale has to offer. The community also offers 24-hour security and underground parking.

View Property

32731 N 74th Way Scottsdale, AZ 85266

$1,475,000

5 Beds

4 Baths

3,738 SqFt

Status Active

MLS # 6731334

Property Type Single Family Residence

Price Type --

Located in the wonderfully discreet gated community of Las Piedras in North Scottsdale lies this exceptional residence. Directly across from the community pool, spa and fitness room it is accessed by a gated courtyard to the front door. The bright, spacious interiors begin with an open plan living area including the kitchen and breakfast nook, formal dining area and living room. Sliding doors open to a covered patio and private rear yard with putting green. The primary bedroom suite includes a large bedroom, beautifully appointed bathroom and fitted closet. The home is complete with 4 additional bedrooms, one used as a home office. From the front courtyard you access the guest house above the 3 car garage. Beautifully located near restaurants and shopping it offers luxury desert living.

View Property

8020 E Del Laton Drive Scottsdale, AZ 85258

$1,475,000

3 Beds

2.5 Baths

2,000 SqFt

Status Active

MLS # 6766343

Property Type Single Family Residence

Price Type --

This is the home you have been waiting for! Completely reconceived with euro-modern design elements in the sought-after McCormick Ranch area! Entry wows with a tongue and groove ceiling, custom-designed frosted glass door entry, and a lovely, paved front sitting area for experiencing the beautiful AZ sunsets. Enjoy the simplicity of a Eurocentric kitchen design style with exquisite flat slab quartz, mixed wood elements, and sleek modern cabinets with under-lighting for added ambiance. Appliances that thrill any seasoned chef, and a glass-encased wine closet for the wine connoisseur to show off their prized collection. Striking custom elements set this home apart from all others, from lighted niches, French-inspired glass barn doors, and a marble floor-to-ceiling linear fireplace to enjoy quiet evenings or entertain guests. The extended glass-enclosed patio adds additional entertaining space and looks out to the large lush yard with a sparkling pool. Close to parks, bike trails, coffee shops, restaurants, and shopping. Don't miss out!

View Property

26441 N Trails End -- Rio Verde, AZ 85263

$1,475,000

3 Beds

4.5 Baths

4,444 SqFt

Status Active

MLS # 6768882

Property Type Single Family Residence

Price Type --

Views. Views. Views. Perfect location on the Quail Run golf course with expansive fairway panoramas. Contemporary design with many architectural enhancements. (Please see Virtual Tour under Photos Tab). Huge family room with convenient, bright and open kitchen for easy entertaining. Family room opens to patios and the great outdoors. Three bedrooms and four full baths plus a powder room. Huge laundry/hobbies room. Office with built-in cabinets. Full three car garage with built in cabinets. Rio Verde is a planned community for active adults over 55. Golf, tennis, swimming, hiking, biking, fresh clean air, starry nights in the friendliest golf community in Arizona. Come enjoy the fun

View Property

5485 W Bruno Canyon Drive Prescott, AZ 86305

$1,475,000

3 Beds

3 Baths

2,608 SqFt

Status Active

MLS # 6773967

Property Type Single Family Residence

Price Type --

Luxurious custom home on a .80-acre corner lot with captivating Granite Mountain views. This impeccable 3-bedroom plus office offers high-end finishes throughout and is located near the clubhouse. The exterior boasts upgraded landscaping, a front fenced courtyard, an extended rear patio, a gas fire pit, and a large covered patio. Inside, enjoy a spacious kitchen with custom cabinets, GE Profile appliances, and a walk-in pantry. The primary suite features a sliding door to the patio, a walk-in shower, soaking tub, and direct access to the laundry room. Plus, an oversized 3-car garage with a sauna. Talking Rock is a gated private community for members only. Amenities include: award winning Jay Morrish designed Golf Course, The Ranch House restaurant and bar, Coop's Coffee House fitness center, bocce, pickle ball courts, tennis court, pool and dog park.

View Property

10613 E Diffraction Avenue Mesa, AZ 85212

$1,475,000

6 Beds

5.5 Baths

5,704 SqFt

Status Active

MLS # 6663410

Property Type Single Family Residence

Price Type --

This BEAUTIFUL home w/CASITA is OVERFLOWING w/DESIGNER upgrades!! GOURMET kitchen w/granite countertops, HUGE island w/sink, tiled backsplash, 42'' cabinets + stainless appliance suite w/wall ovens! Open concept great room w/GORGEOUS built-in entertainment center w/STONE gas FIREPLACE! PRIVATE owner's suite w/sitting room + ensuite bath, BIG walk-in shower + soaking tub! Separate den! Loft! Media room! CASITA w/kitchen, bedroom, living room, bath, laundry + separate entrance! SO many living options in this multi generation home! FANTASTIC backyard OASIS w/built-in swimming pool w/waterfall, fire features, pergola w/sunken kitchen + swim up seating/counter, gas fire pit, pavers/faux grass + covered porch & balcony! This is true LUXURY LIVING! Located in award winning EASTMARK! WELCOME HOME

View Property

9381 E Vah Ki Inn Road Coolidge, AZ 85128

$1,475,000

3 Beds

2 Baths

3,241 SqFt

Status Active

MLS # 6672171

Property Type Single Family Residence

Price Type --

A unique luxury horse property that offers both a serene lifestyle and an exciting investment opportunity. 12 irrigated acres with a custom fully remodeled 3-bed, 2-bath home that seamlessly blends modern luxury with rustic charm. The interior has custom wood flooring, marble countertops and fireplaces throughout. The estate doesn't stop at the main house. A cozy 2-bed 1-bath guest house provides comfortable accommodations, while an 8-bed bunk house awaits your creative touch to transform it to additional living space or unique rental opportunity. 8 fully covered 30x15 stalls, complete with a tack room, lighted arena equipped with an automatic roping chute. This property has tons of potential to provide you income or enjoy as your own cowboy paradise.

View Property

2224 W Speer Trail Phoenix, AZ 85086

$1,475,000

5 Beds

4.5 Baths

4,133 SqFt

Status Active

MLS # 6725677

Property Type Single Family Residence

Price Type --

Situated on over an acre of pristine horse property, this exquisite custom home has been entirely remodeled in recent years, boasting upscale finishes throughout. The brand-new kitchen features Euro-style double-stacked cabinetry, stone countertops, a Wolf range, Scotsman ice maker, and elegant pendant lighting. The master suite has also been transformed, offering a luxurious bath and an expansive walk-in closet equipped with all the desired amenities. For a comprehensive list of upgrades, please refer to the documents tab. Beyond its stunning interiors, the property is equestrian-ready with four covered horse stalls, a dedicated tack room, covered storage space, and a wash area. Additionally, it includes both a round pen and a rectangular pen, making it ideal for the horse enthusiasts.

View Property

8449 E Sage Drive Scottsdale, AZ 85250

$1,475,000

5 Beds

3 Baths

2,269 SqFt

Status Active

MLS # 6735431

Property Type Single Family Residence

Price Type --

Seller Now Including 2 Year Home Warranty!!! What Are You Waiting For?! Entire PICKLEBALL Court, HEATED Pool, HUGE 1.5 PARCEL with PRIVACY Wall. GE Cafe Appliances With Built In Ice Machine. New PEX Plumbing + Sewer Line REPLACEMENT. Entire Roof BRAND NEW with Warranty. All New Black Cap Windows, New SMOOTH Texture Drywall, New WATERPROOF Wood Based Flooring, EXTRA THICK Quartz Countertops, 3 LUXURY Bathrooms, New TRANE A/C & DUCTS. Huge PAVERED Driveway with GLASS Garage Door and EV Charger. Synthetic Turf Throughout Home With Custom Side Gates. Glass Iron Entry Door. So Many Upgrades It's SURREAL. Home Will EASILY Generate over 200K on Airbnb or VRBO. You Can't Replicate This Property and YOUR Guests Will Pay YOU Top DOLLAR If You're Looking For The BEST Investment? Stop By:)

View Property