All posts by Corbin Perkins

Average interest rates for both the 15-year fixed rate mortgage (FRM) and the 5-year adjustable rate mortgage (ARM) fell to new record lows, both for the second consecutive

With the economy producing fewer jobs than it's losing and more workers leaving the workforce, mortgage rates have no where to go but down. The average rate on the

Freddie Mac's March Outlook calls for 30-year fixed mortgage rates to remain below 4 percent all year and interest rates cooperated this week, dipping near the 3.5 percent

More jobs and an increase in retail sales both helped offset the economic impact of the end of the payroll tax holiday and helped boost rates higher.

While the Erate Update for March 5 saw the mixed economy pushing all benchmark rates down, Freddie Mac revealed a mixed bag of interest rates. The average rate on

The mixed economy's ups and downs over the past few weeks is having the same effect on mortgage interest rates, sending them on a mild roller coaster ride. A

After being stuck at 3.53 percent for three weeks, the average rate on the 30-year fixed-rate mortgage (FRM) moved up 3.56 percent, with an average 0.8 point, the

Fixed mortgage rates continued to rise on good news from the economy's employment sector. The average rate on the 30-year fixed-rate mortgage (FRM) came in at 3.42 percent, with

"I would say that my outlook for unemployment and my outlook for inflation both point to a need for more accommodation than is currently being provided by the

The first mortgage rates of the New Year came in mixed, reflecting continued economic uncertainty as the U.S. Congress averted the fiscal cliff, but kicked the deficit can

Mortgage rates remained little changed as U.S. economic growth continued to gel and inflation remained under control. The average rate on the 30-year fixed-rate mortgage (FRM) was 3.34 percent,

Mortgage rates were up and flat, the week ending Nov. 29, but well within record territory. During 2012, the 30-year fixed-rate (FRM) mortgage has been below 4 percent every

Mortgage interest rates fell to new record lows again, for the second consecutive week. The new records come with news the housing recovery is picking up steam. For the

Continued economic clouds at home, the Eurozone slipping back into recession and employment fallout from Superstorm Sandy helped push interest rates to new record lows. The average rate on

Mixed news on the employment front helped keep mortgage interest rates near record lows. The average rate on the 30-year fixed-rate mortgage (FRM) was 3.40 percent, with an average

Mortgage interest rates rose this week on news of modest hiring by employers and more economic encouragement from the housing sector. The average rate on the 30-year fixed-rate mortgage

The average rate on the 30-year fixed-rate mortgage (FRM) fell to 3.37 percent this week, with an average 0.7 point, for the week ending Oct. 18. That's just a

The average rate on the 30-year fixed-rate mortgage (FRM) rose to 3.39 percent, with an average 0.7 point for the week ending Oct. 11, up from the record

Fixed mortgage rates moved to record lows this week on the heels of the Federal Reserve's efforts to keep rates low until 2015. The average rate on the 30-year