Tag Archives: Fixed-Rate Mortgages

Freddie Mac reported Thursday that the average interest rate for a 30-year fixed-rate mortgage (FRM) fell to 3.73 percent (0.6 point) in the last week, a decline of 14 basis points from the end of 2014. The 30-year fixed started off last year at an average 4.51 percent.

The average interest rate for a 30-year fixed-rate mortgage (FRM) product was 3.93 percent (0.5 point) for the week ending December 11, Freddie Mac reported Thursday in its Primary Mortgage Market Survey. The average 30-year fixed rate was 3.89 percent a week ago and 4.42 percent this time last year.

The average interest rate for a 30-year fixed-rate mortgage fell to 3.89 percent for the week ending December 4, Freddie Mac reported Thursday in its Primary Mortgage Market Survey. According to the company, it was the lowest average 30-year rate recorded since the end of May last year.

In its Primary Mortgage Market Survey, Freddie Mac recorded the average 30-year fixed interest rate at 3.99 percent (0.5 point) for the week ending November 20, just down from an average of 4.01 percent last week. Last year at this time, the 30-year fixed-rate mortgage (FRM) averaged 4.22 percent.

Freddie's Primary Mortgage Market Survey, released Thursday, shows the 30-year fixed-rate mortgage (FRM) coming in at an average interest rate of 4.01 percent (0.5 point) for the week ending November 13, just down from last week's average of 4.02 percent.

Freddie Mac reported Thursday that the average interest rate for a 30-year fixed-rate mortgage (FRM) was 3.98 percent (0.5 point) for the week ending October 30. Frank Nothaft, VP and chief economist at Freddie Mac, attributed the climb in interest rates to fair news in the housing market, pointing to new home sales and ongoing increases in the S&P Case-Shiller price indices.

Freddie Mac released Thursday the results of its weekly Primary Mortgage Market Survey, showing the average 30-year fixed interest rate dropping 15 basis points to 3.97 percent (0.5 point) for the week ending October 16. The week's average marks the lowest level for the 30-year fixed-rate mortgage (FRM) since the week of June 20, 2013—which also happens to be the last time it averaged below 4 percent.

Freddie Mac released Thursday the results of its latest Primary Mortgage Market Survey, showing the interest rate on the 30-year fixed-rate mortgage (FRM) jumping more than 10 basis points to an average 4.23 percent (0.5 point), the highest level since the start of May. It was the biggest one-week gain so far this year. "Fixed-rate mortgage rates rose this week following the increase in 10-year Treasury yields being partially fueled by market speculation the Federal Reserve might change its interest rate guidance," said Frank Nothaft, VP and chief economist at Freddie Mac.

Freddie Mac reported Thursday that the average 30-year fixed mortgage rate came up slightly to 4.12 percent (0.5 point) for the week ending September 11, marking the first increase after three weeks of year-low averages. A year ago, the 30-year fixed-rate mortgage (FRM) averaged 4.57 percent in Freddie Mac's Primary Mortgage Market Survey.

In a note sent earlier this week, equity research analyst Richard Bove at Rafferty Capital Markets warned clients of a potential mortgage crisis in the making, according to a report from CNBC. With the Federal Reserve on track to end its monthly bond purchases, Bove cautions that the loss of one of the tools used to help lift housing out of its post-recession rut could hurt the market, especially as interest rates start to tick back up.