Freddie Mac has released the results of its Primary Mortgage Market Survey (PMMS), showing that the 30-year fixed-rate mortgage (FRM) had averaged 5.66%. “The market’s renewed perception of ...
Read More »Fixed-rate Mortgages Still the Loan of Choice
90 percent of Reverse Mortgage Backed Securities include fixed rate loans, meaning U.S. mortgage borrowers still choose fixed-rate mortgages as their loan of choice. With the upcoming end of LIBOR, the common ARM index, see what makes fixed rates the preferred loan.
Read More »Mortgage Rates See an Uptick
Mortgage rates went up for the second week in a row. See how each type of mortgage performed this week.
Read More »Freddie Mac: Mortgage Rates Hit Highest Mark in Months
New data shows mortgage rates reached new highs. See by how much in the most recent breakdown ...
Read More »Mortgage Rates Rise for Third Straight Week, Still Down from December
Mortgage rates are up for the third straight week of February, according to a report released by Freddie Mac on Thursday. However, fixed mortgage rates still remain near late May 2013 lows and numbers released by the Federal Housing Finance Agency on Thursday show mortgage rates on a month-to-month basis are down in January. According to Freddie Mac, the 30-year FRM rate increased to 3.8 percent from last week’s rate of 3.76 percent.
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