A new report reveals why the current market conditions are making ARMs more popular.
Read More »Examining Homeowners’ Mortgage Attributes
A report reveals the likely motivations of wealthy homeowners based on their share of refinances.
Read More »Mortgage Market Update: Freddie Mac’s Latest Stats
After a short stint of increases, see how rates changed among fixed-rate mortgages (FRMs) and Treasury-indexed adjustable rate mortgages (ARMs).
Read More »ARM Market Share Could Be Ready to Rise
The market share of adjustable-rate mortgages is at its lowest level in years. But the specter of rising mortgage interest rates this year could change that considerably, according to a recent analysis.
Read More »Mortgage Rates Pick Up for Second Straight Week
Freddie Mac reported Thursday that the average interest rate for a 30-year fixed-rate mortgage (FRM) was 3.76 percent (0.6 point) for the week ending February 19, up from 3.69 percent a week ago and the highest rate since 2014's final reading.
Read More »Continued Job Growth Lifts Mortgage Rates from 2015 Lows
Freddie Mac's Primary Mortgage Market Survey for the week ending February 12 shows the average interest rate for a 30-year fixed-rate mortgage (FRM) was 3.69 percent (0.6 point) this week, up a full 10 basis points from last week's 2015 low of 3.59 percent.
Read More »Mortgage Rates Continue to Tick Down
The average interest rate for a 30-year fixed-rate mortgage (FRM) slipped 7 basis points in the last week, settling at 3.59 percent (0.7 point) for the week ending February 5, Freddie Mac reported Thursday. "Mortgage rates fell this week following the release of weaker than expected pending home sales, which fell 3.7 percent in December," said Len Kiefer, deputy chief economist for Freddie Mac.
Read More »Mortgage Rates Hold Near All-Time Lows
According to data released by Freddie Mac on Thursday, the average interest rate for a 30-year fixed-rate mortgage loan was 3.66 percent (0.6 point) for the week ending January 29. This week's movement marked a slight increase from last week's average 3.63 percent—the first time this year that rates have gone up in the company's survey.
Read More »Survey Identifies Top ARM Trends for 2014
Falling interest rates and demand for hybrid offerings were once again among the most dominant trends in the adjustable-rate mortgage (ARM) market in the last year, according to a recent survey.
Read More »Mortgage Rates Mixed in Weekly Reports
Freddie Mac's weekly Primary Mortgage Market Survey saw a slight drop in the 30-year fixed rate to an average 3.63 percent (0.7 point) for the week ending January 22, the company reported Thursday. With the decline, the 30-year fixed-rate mortgage (FRM) remains at its lowest average since May 2013.
Read More »