Tag Archives: fixed-rate mortgage (FRM)

For the first time in 10 weeks, mortgage rates have risen above the 3% mark, with forecasters projecting a gradual rise in rates to close out 2021.

Freddie Mac has found that rates are on the slide for the second consecutive week, dipping further below the 3% mark.

With the U.S. economy on the rise, mortgage rates slipped further below the 3% mark, but high prices and short supply continue to force down application volume.

Freddie Mac reports mortgage rates dipping again below the 3% mark, as the trend of inconsistency continues to rock the housing market.

With the sudden downward trend in mortgage rates, evidence of increased applications is a bright spot as refinance opportunities emerge again, and house hunters plot their spring strategy.

Freddie Mac reports that rates hit their highest mark since last July, yet at slightly above 3.0%, it sets the stage for a solid spring buyer's market.