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 »Newest Primary Mortgage Market Survey Released
The average rate for a 30-year fixed-rate mortgage was unchanged for the week ending July 11, remaining at 3.75%, according to Freddie Mac’s latest Primary Mortgage Market Survey. ...
Read More »Mortgage Rates Leveling Off
Early Spring saw mortgage rates fall, but here’s what Freddie Mac reports is happening as we enter the summer months.
Read More »Mortgage Rates Approach 2011 Levels
Interest rates touched a seven-year high impacted by movements in the bond markets. How will these changes affect the homebuying season?
Read More »Mortgage Rates Continue Upward Trend
The expectation on future hikes by the Federal Reserve as well as increased borrowing by the U.S. Treasury drove mortgage interests up according to the Primary Mortgage Market ...
Read More »Post-Brexit Volatility is Waning
Last month’s historic Brexit vote drove mortgage rates down near historic lows and brought a flurry of refinancing activity. According to Freddie Mac, however, the post-Brexit volatility is tapering off.
Read More »Mortgage Interest Rates Fall Even Lower Amid Fed’s Hold on Increase
Following the Federal Open Market Committee's decision to leave interest rates untouched, the Federal Housing Finance Agency reported Thursday that interest rates on conventional purchase-money mortgages fell in September.
Read More »Interest Rates Continue to Drop Following Disappointing Jobs Report
Mortgage interest rates fell to 3.76 percent for the week ending October 8, 2015, after a weak September jobs report.
Read More »Mortgage Rates Slightly Lower Amid Little Movement in Financial Markets
Fixed mortgage rates changed very little this week compared to last week, with little activity occurring in financial markets, according to Freddie Mac's Primary Mortgage Market Survey.
Read More »Mortgage Rates Head Back Up After Four Weeks of Lows
Fixed mortgage rates stopped their downward fall and headed back up for the first time in four weeks, according to Freddie Mac's Primary Mortgage Market Survey.
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