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Tag Archives: Freddie Mac

Mortgage Rates Climb to New 14-Year Highs

As the Federal Reserve issues another rate hike to tame high-riding inflation, Freddie Mac reported the fixed-rate mortgage climbed 27-basis points over last week, rising to levels last seen in 2008.

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Mortgage Rates Eclipse the 6% Mark

Freddie Mac reports the fixed-rate mortgage hit an average of 6.02% this week, a high point not seen since 2008 as affordability conditions continue to worsen for many potential buyers.

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Mortgage Rates Jump to 14-Year High

Mortgage rates jumped 23 basis points week-over-week, hitting a high mark last seen in late 2008, as heightened inflationary concerns are pushing more prospective buyers back to the sidelines.

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Purchase Apps Hit Month-Long Slide

With mortgage rates spiking upward, mortgage application volume took another hit, falling for the fourth consecutive week, as markets continued to re-assess the prospects for the economy and the path of monetary policy.

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Honoring the Industry’s Rising Stars

The Five Star Institute introduces the five nominees who, while still early in their careers, have demonstrated an outstanding capability to lead and drive progress, and be recognized during the Five Star Conference and Expo in Dallas.

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