Tag Archives: Mortgage Rates

More than 95 percent of borrowers who refinanced in this year's third quarter selected a fixed-rate loan, according to data from Freddie Mac.

The National Association of Realtors (NAR) offered market projections into 2014 during a forum at the 2012 Realtors Conference and Expo.

It's been a tumultuous couple of weeks for Americans, but mortgage rates have been rock-steady.

Fewer people are being kept out of the housing market because of the economic climate, according to a national survey by FindLaw.com.

Fixed mortgage rates fell back slightly to start November as investors anxiously wait for signs of which direction the economy is headed.

Mortgage applications fell 12 percent for the week ending October 19, according to data from the Mortgage Bankers Association.

Mortgage rate movement last week was "so slight it was almost nonexistent," according to data from Freddie Mac and Bankrate.com.

Mortgage origination is doing even better in 2012 than the Mortgage Bankers Association (MBA) had anticipated.

Pointing to slow employment growth and elevated unemployment, the Federal Open Market Committee said Wednesday the Federal Reserve will continue purchasing additional agency mortgage-backed securities at a pace of $40 billion per month. At the same time, the FOMC said it would maintain the target federal funds rate at 0 to 1/4 percent and expected the "exceptionally low levels for the federal funds rate are likely to be warranted at least through mid-2015."

The housing sector is showing strength unmatched in previous years, according to Freddie Mac's Economic and Housing Market Outlook for October.