Tag Archives: Mortgage Rates

New analysis comes after the average rate for a 30-year fixed-rate mortgage fell below 3.2%.

Having already taken drastic actions to push mortgage rates low, it is unlikely the Federal Reserve will push rates lower this year.

Are historically low rates enough to continue the recent surge in applications?

Analysis says that while the economy has been uneven, housing is “exhibiting strength” that could lead a recovery.

Freddie Mac says the increased homebuyer demand comes from prospective buyers with higher incomes.

Forecasts show signs of recovery in April with strengthening possible in May. Home prices, however, hit a new all-time high.

The latest reading found the average 30-year fixed-rate mortgage is the second-lowest recorded in the history of the NerdWallet survey.

The latest figure is the lowest in the 50-year history of Freddie Mac’s Primary Mortgage Market Survey.

Are the lowest readings since 1971 enough to sway prospective homebuyers?

The top-three markets for fraud were also found to be among the leaders in investment properties. Click through to see who is buying these homes.