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Tag Archives: Fixed-Rate Mortgage

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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Mortgage Rates Up for Second Week

In its weekly Primary Mortgage Market Survey, Freddie Mac reported the average interest rate for a 30-year fixed-rate mortgage (FRM) slid up to 4.02 percent (0.5 point) for the week ending November 6. It was the first time the 30-year fixed average measured above 4 percent in nearly a month.

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Mortgage Rates Return to Summer Lows

In its weekly Primary Mortgage Market Survey, Freddie Mac reported the average 30-year fixed interest rate came to 4.12 percent (0.5 point) for the week ending October 9, down from 4.19 percent. A year ago, the average 30-year fixed interest rate was 4.23 percent, the same as it was when rates jumped up in mid-September.

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Mortgage Rates Slip on Mixed Housing News

After jumping up last week, mortgage rates were weighed down in the latest measure by mixed housing developments. Freddie Mac released Thursday the results of its Primary mortgage Market Survey, showing the 30-year fixed-rate mortgage (FRM) easing to an average interest rate of 4.20 percent (0.5 point) for the week ending September 25. The 30-year FRM averaged 4.23 percent in the previous week's survey, a four-month high.

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Fixed Mortgage Rates Hold for Third Straight Week

Mortgage interest rates stayed fairly level this week, settling in ahead of Friday's August jobs report. Freddie Mac released on Thursday the results of its latest Primary Mortgage Market Survey, showing the average 30-year fixed-rate mortgage (FRM) coming in at 4.10 percent (0.5 point) for a third straight week, the lowest level seen so far this year.

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Mortgage Rates Hover Heading into Holiday Weekend

Having hit their lowest level of 2014 last week, mortgage rates barely budged in the latest market report from Freddie Mac. The company reported Thursday the average interest rate for a 30-year fixed-rate mortgage (FRM) was 4.10 percent (0.5 point) for the week ending August 28, unchanged heading into the Labor Day holiday.

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Long-Term Mortgage Rates Fall to Year-Low

Average fixed mortgage rates drifted down again this week, sinking to their lowest level so far this year. Freddie Mac reported Thursday that the average fixed interest rate for a 30-year fixed-rate mortgage (FRM) was 4.10 percent (0.5 point) for the week ending August 21, down 2 basis points from last week's average. The previous 2014 low was 4.12 percent, first seen in late May and then again three more times throughout the summer.

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Fixed Mortgage Rates Sink Slightly

The average rate for 30-year fixed-rate mortgages (FRMs) dropped to a year-low 4.12 percent with an average 0.6 point for the week ending August 14, according to Freddie Mac, down from 4.14 percent from the week ending August 7 and from 4.40 percent from the same week in 2013.

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Mortgage Rates Remain Stuck

Nearly three months after first settling into the 4.10 percent to 4.20 percent range, long-term fixed mortgage rates continue to show little movement. According to Freddie Mac's weekly Primary Mortgage Market Survey, the 30-year fixed mortgage rate this week came to an average 4.14 percent (0.7 point), up slightly from 4.12 percent in the last survey.

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