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Home >> Tag Archives: Mortgage Rates

Tag Archives: Mortgage Rates

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Mortgage Rates Continue to Sink

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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2015 Outlook Calls for 4% Increase in Home Sales

2015 Outlook Calls for 4% Increase in Home Sales

In its last outlook of the year, Freddie Mac looked back at five key consensus predictions for 2014, how they fared, and how they will affect housing and the economy next year. In addition to home sales, the four other areas examined were mortgage originations, home values, rental market, and mortgage rates.

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Mortgage Rates Get Slight Boost on Employment Numbers

Mortgage Rates Get Slight Boost on Employment Numbers

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.

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Mortgage Rates Fall to Lowest Point Since May 2013

Mortgage Rates Fall to Lowest Point Since May 2013

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.

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Five Star President Outlines Looming Mortgage Threat

Five Star President Outlines Looming Mortgage Threat

Delivering comments to a group of REO brokers and agents, Ed Delgado, president and CEO of the Five Star Institute, offered his take on how the stage is set for the mortgage sector in 2015. "There are several embedded risks in the mortgage market that pose future risk of performance that have yet to be expressed," Delgado remarked. "In effect, the market may not be recovering at the rate that we think it is."

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Mortgage Rates Drop for Second Week

Mortgage Rates Drop for Second Week

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.

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Falling Mortgage Rates Not Enough to Lure New Homebuyers

Falling Mortgage Rates Not Enough to Lure New Homebuyers

Despite the fact that 30-year fixed mortgage rates dipped below 4 percent in October, the number of buyers looking to tour homes cooled off. At the same time, the rate drop triggered a hefty increase in signings last month, according to Redfin, which released its latest look at homebuying activity on Friday.

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