Digital Access

Digital Access
Access morrisherald-news.com from all your digital devices and receive breaking news and updates from around the area.

Mail Delivery

Mail Delivery
We’ve got you covered! Get the best in local news, sports, community events, with focus on what’s coming up for the weekend. Weekly packages.

Text Alerts

Text Alerts
Choose your news! Select the text alerts you want to receive: breaking news, weather, and more.

Email Newsletters

Email Newsletters
Have our latest news, sports and obituaries emailed directly to you Monday through Friday so you can keep up with what's happening in Morris and Grundy County.
Sponsored

30-Year Fixed Mortgage Rate Rises for Second Consecutive Week

Mortgage rates for 30-year fixed mortgages rose again this week, with the current rate borrowers were quoted on Zillow Mortgage Marketplace at 4.18 percent, up from 4.14 percent at this same time last week.

The 30-year fixed mortgage rate hovered between 4.17 and 4.21 percent for the majority of the week, spiking to 4.27 percent on Wednesday before dropping back down to 4.18 percent on Thursday.

“Last week, rates rose briefly when comments by Janet Yellen, the new Federal Reserve Chair, ended speculation that the Fed might delay the winding down of its stimulus program due to recent weak economic data,” said Erin Lantz, director of mortgages at Zillow. “During this holiday-shortened week with limited economic data scheduled for release, we expect rates will continue to follow the gradual upward path of the past two weeks.”

Additionally, the 15-year fixed mortgage rate this morning was 3.14 percent and for 5/1 ARMs, the rate was 2.71 percent.

Loading more