Mortgage applications saw a decline for the second consecutive week amid financial market volatility and economic uncertainty. Click through to learn more.
Read More »Interest Rate Hikes & the 3 Loan Types Impacted
Sam Khater, Chief Economist at Freddie Mac, examined how rising interest rates are influencing the market, with a handy loan-type breakdown.
Read More »Mortgage Applications Down as Interest Rates Rise
A report tracking contract interest rates for U.S. mortgages as well as total applications has just been released. Read here to find out which contract interest rates went up the most.
Read More »Freddie Mac Forecasts Housing Market Status Through 2019
Freddie Mac has released its latest Outlook, breaking down the state of the housing market in April 2018 and examining where things are likely to head over the ...
Read More »Will Rising Mortgage Rates Ruin the Homebuying Season?
Mortgage rates continued their upward climb this week, with 30 year fixed mortgages reaching their highest point since 2014 according to the Freddie Mac Primary Mortgage Market survey ...
Read More »Mortgage Rates Down Following Crisis in Greece
The 30-year fixed mortgage rate has dropped five points from last week, following the widespread crisis in Greece. According to Zillow Mortgages, the current rate is 3.88 percent. It rose to 3.97 percent on Wednesday and stayed there throughout the holiday weekend, then fell to the current rate early this week.
Read More »The 30-Year Fixed-Rate Mortgage Rises Above 4 Percent
In response to the positive Bureau of Labor Statistics (BLS) employment data released on Monday, the 30-year fixed-rate mortgage rose above four percent this week for the first time since November 2014. Freddie Mac’s Primary Mortgage Market Survey (PMMS), revealed that the average fixed mortgage rates averaged 4.02 percent for the week ending June 11, 2015.
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.
Read More »Zillow’s 30-Year Fixed Mortgage Rate Dips After Hitting 13-Week High
The current 30-year fixed mortgage rate on Zillow mortgages has taken a slight dip down to 3.76 percent after reaching a 13-week high of 3.85 percent on Tuesday.
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