Home
 
Choose Your City
Change City

Mortgage Rates Wednesday, Feb. 8: 3-Week Lows; More Young Couples Choose Mortgage Over Marriage

Thirty-year and 15-year fixed rates are lower today, while 5/1 ARM rates are unchanged,according to a NerdWalletsurvey of mortgage rates published by national lenders Wednesday morning.

European economic concerns are driving investors into U.S. bonds, and, as a result, mortgage rates are falling. Interest rates on 15- and 30-year fixed mortgages are at their lowest point in three weeks, according to the NerdWallet Mortgage Rate Index.

Mortgage Rates Today, Wednesday, Feb. 8

(Change from 2/7)
30-year fixed: 4.32% APR (-0.06)
15-year fixed: 3.71% APR (-0.03)
5/1 ARM: 3.80% APR (NC)

Get personalized mortgage ratesMoreyoung couples embrace premarital mortgage

The prevailing theory goes: As millennials finally decide to marry and settle down, a massive generation of new homeowners will enter the market. However, the generation that hates to be generalized may actually have other plans. Buy now, marry later — if ever.

A growing number of young unmarried couples are doing just that, according to a new Zillow analysis. Nearly 15% of all home buyers between the ages of 24 and 35 in 2015 were unmarried couples, up from 11% in 2005.

In some markets, the trend is even more significant. Unmarried couples represented 16% of all young home buyers in Washington, D.C. — double the share in 2005.

>> MORE: How much home can you afford?

“Many singles looking to purchase a home on their own may not make enough money to afford or qualify for a mortgage on their dream home. That makes buying a home with a significant other even more appealing, even if marriage isn’t quite part of the picture,” Dr. Svenja Gudell, Zillow chief economist, said in a release. “Simply put, buying a home is much easier with two incomes.”

While the share of homeowners who are unmarried young couples has grown, Zillow says the share of single home buyers has fallen to 25% of all buyers between 24 and 35. That’s down from 28% in 2005.

Gudell saidthe unhitched homeowners trend is likely to continue, if home values continue to outpace income growth.
!function(e,t,i,n,r,d){function o(e,i,n,r){t[s].list.push({id:e,title:r,container:i,type:n})}var a="script",s="InfogramEmbeds",c=e.getElementsByTagName(a),l=c[0];if(/^\/{2}/.test(i)&&0===t.location.protocol.indexOf("file")&&(i="http:"+i),!t[s]){t[s]={script:i,list:[]};var m=e.createElement(a);m.async=1,m.src=i,l.parentNode.insertBefore(m,l)}t[s].add=o;var p=c[c.length-1],f=e.createElement("div");p.parentNode.insertBefore(f,p),t[s].add(n,f,r,d)}(document,window,"//e.infogr.am/js/dist/embed-loader-min.js","b5c3c02f-e5ba-48c7-b635-af104327b177","interactive","");
Homeowners looking to lower their mortgage rate can shop for refinance lenders here.

NerdWallet daily mortgage rates are an average of the published annual percentage ratewith the lowest points for each loan term offeredby a sampling of major national lenders. APR quotes reflect an interest rate plus points, fees and other expenses, providingthe most accurate view of the costsa borrower might pay.

More from NerdWallet
Refinance calculator
Best lenders for FHA loans
Calculate your monthly mortgage payment

Hal Bundrick is a staff writer at NerdWallet, a personal finance website. Email: hal@nerdwallet.com. Twitter:@halmbundrick.

.investor-form { text-align:center; max-width: 400px; margin:auto;}Mortgage Rate Newsletter Get daily mortgage rate updates delivered straight to your inbox! JotForm.init(function(){ setTimeout(function() { $('input_1').hint('Email address goes here'); }, 20); JotForm.clearFieldOnHide="disable"; JotForm.onSubmissionError="jumpToFirstError"; }); .form-label-left{ width:150px !important; } .form-line{ padding-top:12px; padding-bottom:12px; } .form-label-right{ width:150px !important; } .form-all{ width:690px; color:#555 !important; font-family:"Lucida Grande", "Lucida Sans Unicode", "Lucida Sans", Verdana, sans-serif; font-size:14px; } .form-radio-item label, .form-checkbox-item label, .form-grading-label, .form-header{ color: #555; } /* Injected CSS Code */.form-all { font-family: "Lucida Grande", sans-serif;}.form-all { width: 690px;}.form-label-left,.form-label-right { width: 150px;}.form-label { white-space: normal;}.form-label.form-label-auto { display: inline-block; float: left; text-align: left; width: 150px;}.form-label-left { display: inline-block; white-space: normal; float: left; text-align: left;}.form-label-right { display: inline-block; white-space: normal; float: left; text-align: right;}.form-label-top { white-space: normal; display: block; float: none; text-align: left;}.form-all { font-size: 14px;}.form-label { font-weight: bold;}.form-checkbox-item label,.form-radio-item label { font-weight: normal;}.supernova { background-color: none; background-color: rgba(0, 172, 204, 0);}.supernova body { background-color: transparent;}/*@width30: (unit(@formWidth, px) + 60px);@width60: (unit(@formWidth, px)+ 120px);@width90: (unit(@formWidth, px)+ 180px);*//* | *//* | *//* | */@media screen and (max-width: 480px) { .jotform-form { padding: 10px 0; }}/* | *//* | */@media screen and (min-width: 480px) and (max-width: 768px) { .jotform-form { padding: 30px 0; }}/* | *//* | */@media screen and (min-width: 480px) and (max-width: 689px) { .jotform-form { padding: 30px 0; }}/* | *//* | */@media screen and (min-width: 768px) { .jotform-form { padding: 60px 0; }}/* | *//* | */@media screen and (max-width: 689px) { .jotform-form { padding: 0; }}/* | */.supernova .form-all,.form-all { background-color: none; border: 1px solid transparent;}.form-all { color: #555555;}.form-header-group .form-header { color: #555555;}.form-header-group .form-subHeader { color: #6f6f6f;}.form-sub-label { color: #6f6f6f;}.form-label-top,.form-label-left,.form-label-right,.form-html { color: #555555;}.form-checkbox-item label,.form-radio-item label { color: #6f6f6f;}.form-line.form-line-active { -webkit-transition-property: all; -moz-transition-property: all; -ms-transition-property: all; -o-transition-property: all; transition-property: all; -webkit-transition-duration: 0.3s; -moz-transition-duration: 0.3s; -ms-transition-duration: 0.3s; -o-transition-duration: 0.3s; transition-duration: 0.3s; -webkit-transition-timing-function: ease; -moz-transition-timing-function: ease; -ms-transition-timing-function: ease; -o-transition-timing-function: ease; transition-timing-function: ease; background-color: #ffffe0;}/* ömer */.form-radio-item,.form-checkbox-item { padding-bottom: 0px !important;}.form-radio-item:last-child,.form-checkbox-item:last-child { padding-bottom: 0;}/* ömer */.form-single-column .form-checkbox-item,.form-single-column .form-radio-item { width: 100%;}.supernova { height: 100%; background-repeat: no-repeat; background-attachment: scroll; background-position: center top; background-repeat: repeat;}.supernova { background-image: none;}#stage { background-image: none;}/* | */.form-all { background-repeat: no-repeat; background-attachment: scroll; background-position: center top; background-repeat: repeat;}.form-header-group { background-repeat: no-repeat; background-attachment: scroll; background-position: center top;}.form-line { margin-top: 12px; margin-bottom: 12px;}.form-line { padding: 12px 36px;}.form-all .qq-upload-button,.form-all .form-submit-button,.form-all .form-submit-reset,.form-all .form-submit-print { font-size: 1em; padding: 9px 15px; font-family: "Lucida Grande", sans-serif; font-size: 14px; font-weight: normal;}.form-all .form-pagebreak-back,.form-all .form-pagebreak-next { font-size: 1em; padding: 9px 15px; font-family: "Lucida Grande", sans-serif; font-size: 14px; font-weight: normal;}/*& when ( @buttonFontType = google ) { @import (css) "@{buttonFontLink}";}*/h2.form-header { line-height: 1.618em; font-size: 1.714em;}h2 ~ .form-subHeader { line-height: 1.5em; font-size: 1.071em;}.form-header-group { text-align: left;}/*.form-dropdown,.form-radio-item,.form-checkbox-item,.form-radio-other-input,.form-checkbox-other-input,*/.form-captcha input,.form-spinner input,.form-error-message { padding: 4px 3px 2px 3px;}.form-header-group { font-family: "Lucida Grande", sans-serif;}.form-section { padding: 0px 0px 0px 0px;}.form-header-group { margin: 12px 36px 12px 36px;}.form-header-group { padding: 24px 0px 24px 0px;}.form-textbox,.form-textarea { border-color: ; color: #a9a9a9; padding: 4px 3px 2px 3px;}.form-dropdown { border-color: #cccccc; -webkit-appearance: menulist-button; color: #a9a9a9;}[data-type="control_dropdown"] .form-input,[data-type="control_dropdown"] .form-input-wide { width: 150px;}.form-label { font-family: "Lucida Grande", sans-serif;}li[data-type="control_image"] div { text-align: left;}li[data-type="control_image"] img { border: none; border-width: 0px !important; border-style: solid !important; border-color: false !important;}.form-line-column { width: auto;}.form-line-error { overflow: hidden; -webkit-transition-property: none; -moz-transition-property: none; -ms-transition-property: none; -o-transition-property: none; transition-property: none; -webkit-transition-duration: 0.3s; -moz-transition-duration: 0.3s; -ms-transition-duration: 0.3s; -o-transition-duration: 0.3s; transition-duration: 0.3s; -webkit-transition-timing-function: ease; -moz-transition-timing-function: ease; -ms-transition-timing-function: ease; -o-transition-timing-function: ease; transition-timing-function: ease; background-color: #fff4f4;}.form-line-error .form-error-message { background-color: #ff3200; clear: both; float: none;}.form-line-error .form-error-message .form-error-arrow { border-bottom-color: #ff3200;}.form-line-error input:not(#coupon-input),.form-line-error textarea,.form-line-error .form-validation-error { border: 1px solid #ff3200; -webkit-box-shadow: 0 0 3px #ff3200; -moz-box-shadow: 0 0 3px #ff3200; box-shadow: 0 0 3px #ff3200;}.ie-8 .form-all { margin-top: auto; margin-top: initial;}.ie-8 .form-all:before { display: none;}/* | */@media screen and (max-width: 480px), screen and (max-device-width: 768px) and (orientation: portrait), screen and (max-device-width: 415px) and (orientation: landscape) { .jotform-form { padding: 0; } .form-all { border: 0; width: 100% !important; max-width: initial; } .form-sub-label-container { width: 100%; margin: 0; } .form-input { width: 100%; } .form-label { width: 100%!important; } .form-line { padding: 2% 5%; -moz-box-sizing: border-box; -webkit-box-sizing: border-box; box-sizing: border-box; } input[type=text], input[type=email], input[type=tel], textarea { width: 100%; -moz-box-sizing: border-box; -webkit-box-sizing: border-box; box-sizing: border-box; max-width: initial !important; } .form-input, .form-input-wide, .form-textarea, .form-textbox, .form-dropdown { max-width: initial !important; } div.form-header-group { padding: 24px 0px !important; margin: 0 12px 2% !important; margin-left: 5% !important; margin-right: 5% !important; -moz-box-sizing: border-box; -webkit-box-sizing: border-box; box-sizing: border-box; } [data-type="control_button"] { margin-bottom: 0 !important; } .form-buttons-wrapper { margin: 0!important; } .form-buttons-wrapper button { width: 100%; } table { width: 100%!important; max-width: initial !important; } table td + td { padding-left: 3%; } .form-checkbox-item input, .form-radio-item input { width: auto; } .form-collapse-table { margin: 0 5%; }}/* | */ /*__INSPECT_SEPERATOR__*/.jotform-form { padding : 0 !important;} .form-all { width : 100% !important; color : #464646 !important; font-family : GothamBody, Arial, Helvetica, sans-serif !important; font-size : 16px !important; font-weight : 300 !important; padding : 0px !important;} .form-section { margin : 0 25px;} .form-required { display : none !important;} .form-textbox { box-sizing : border-box; padding : 6px 12px; width : 300px; height : 42px !important;} .form-label-left { width : 0px !important; padding : 0;} .form-line { padding : 3px 0px;} .form-line-active { background-color : transparent !important;} .form-line-error { background-color : transparent !important;} .form-buttons-wrapper { margin-left : 0px !important;} .form-submit-button { width : 300px; height : 40px; padding : 0px !important; margin-top : 0px; font : 700 18px/38px GothamBody, Helvetica, Arial, sans-serif !important; text-decoration : none; color : #fff !important; background : #6cc551 !important; border : 1px solid transparent !important; cursor : pointer; text-align : center; text-shadow : none; box-shadow : none; border-radius : 4px 4px;} .form-submit-button:hover { color : #fff !important; text-decoration : none; background : #6ed14f !important; box-shadow : 0 2px 5px 0 rgba(0,0,0,0.2); border : 1px solid transparent !important;} .form-submit-button:active { text-decoration : none; background : #5eb243 !important; box-shadow : none !important; border : 1px solid transparent !important;} .form-button-error { text-align : left; color : #fff;} .form-dropdown { width : 150px; height : 42px !important; border-radius : 0px; border-color : #ccc; -webkit-appearance : none; -webkit-border-radius : 0px; padding : 6px 12px; font-family : GothamBody, Arial, Helvetica, sans-serif !important; font-size : 16px;} /* Injected CSS Code */

- *
- Sign me up
- Should be Empty:

document.getElementById("si" + "mple" + "_spc").value = "70126229088153-70126229088153"; JotForm.ownerView=true; jQuery(window).on('load',function() { var mortgageCaptureForm = jQuery('form[id="70126229088153"]'); var submitFormChangeEvent = function (fieldName, fieldValue, action) { NWA.eventCenter.publish('formInputChanged', { appName:'WORDPRESS', formName:'mortgage_rate_email_capture', fieldName:fieldName, fieldValue:fieldValue, action:action }) }; var handleFormChange = function (event, element) { var element = element || jQuery(this); if (element.attr('type') === 'email') { submitFormChangeEvent('email_address', element.val(), 'FORM_CHANGE_FIELD'); } else { submitFormChangeEvent('submit', 'Sign me up', 'FORM_SUBMIT'); } }; mortgageCaptureForm.on('blur', 'input[type="email"]', handleFormChange).on('submit', handleFormChange); });

The article Mortgage Rates Wednesday, Feb. 8: 3-Week Lows; More Young Couples Choose Mortgage Over Marriage originally appeared on NerdWallet.

 

Have Your SayLeave a comment

Consider AlsoFurther Articles