“Mortgage rates inched down again, with the 30-year fixed-rate down nearly a full point from November, when it peaked at just over 7%,” said Sam Khater, Freddie Mac’s Chief Economist.
Read More »Rising Rates Adding up to Mountains of Extra Interest
Mortgage rates have surpassed 5% lately, due in large part to increases to the federal interest rate by the Federal Reserve who in addition to raising the rate twice ...
Read More »Limited Options Speeding Up Home Sales
Homes are selling as quickly as listed, as nearly 60% of homes that went under contract sold within two weeks of being listed in February.
Read More »“The Crucible of This Year’s Market”
Freddie Mac’s latest survey reveals mortgage demand is very strong, but an insider notes the patience of first-time buyers could soon be tested.
Read More »Is The Housing Market’s Slowdown Coming to an End?
A report by realtor.com details why the housing market is set to gain traction over the next few months. "I don't think we'll get back all the way ...
Read More »Mortgage Interest Rates Rise Despite Hesitant Fed
Mortgage interest rates appear to be following a pattern of ups and downs, especially as consumers anticipate the Federal Reserve's rate hike.
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.
Read More »Mortgage Rates Remain Under 4 Percent Threshold
Freddie Mac recently released the results of its Primary Mortgage Market Survey (PMMS), finding that average fixed mortgage rates continue to drop as economic uncertainty pushed Treasury yields lower.
Read More »Mortgage Rates Lower Amid Economic Uncertainty
As the spring homebuying season comes to a close and Americans cope with the uncertain after effects of the Greek crisis on the economy, the U.S. Treasuries lowered average fixed mortgage rates down to 4.04 percent, according to Freddie Mac's Primary Mortgage Market Survey (PMMS) results.
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