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Tag Archives: Fixed-Rate Mortgage

Mortgage Rates Continue to Sink

According to figures released Thursday by Freddie Mac, the 30-year fixed mortgage rate averaged 3.80 percent (0.6 point) for the week ending December 18, down 13 basis points from last week's survey. Last year, the 30-year fixed-rate mortgage (FRM) averaged 4.47 percent.

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Mortgage Rates Up for Second Week

In its weekly Primary Mortgage Market Survey, Freddie Mac reported the average interest rate for a 30-year fixed-rate mortgage (FRM) slid up to 4.02 percent (0.5 point) for the week ending November 6. It was the first time the 30-year fixed average measured above 4 percent in nearly a month.

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Mortgage Rates Return to Summer Lows

In its weekly Primary Mortgage Market Survey, Freddie Mac reported the average 30-year fixed interest rate came to 4.12 percent (0.5 point) for the week ending October 9, down from 4.19 percent. A year ago, the average 30-year fixed interest rate was 4.23 percent, the same as it was when rates jumped up in mid-September.

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Mortgage Rates Slip on Mixed Housing News

After jumping up last week, mortgage rates were weighed down in the latest measure by mixed housing developments. Freddie Mac released Thursday the results of its Primary mortgage Market Survey, showing the 30-year fixed-rate mortgage (FRM) easing to an average interest rate of 4.20 percent (0.5 point) for the week ending September 25. The 30-year FRM averaged 4.23 percent in the previous week's survey, a four-month high.

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