All posts by Corbin Perkins

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Fixed mortgage rates move higher for sixth week

The 30-year fixed-rate mortgage (FRM) rose to 3.98 percent, with an average 0.7 point, the week ending June 13, according to Freddie Mac’s weekly Primary Mortgage Market Survey. The 30-year FRM has been rising every week for the past month, and has increased more than half a percentage point since then.

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skyrocketprices

Benchmark 30-year FRM interest rate inches nearer 4%

Fixed mortgage interest rates moved higher for the fifth consecutive week, as the average interest rate for the 15-year fixed rate mortgage moved above 3 percent for the

ratestorm

Fixed mortgage rates hit 2013 high

Fixed mortgage rates moved with rising long-term bond yields after news of growing market sentiment that the Federal Reserve may ease up on its accommodative policy stance. Improving economic

risingrates

Mortgage interest rates reverse course on economic gains

Most mortgage interest rates rose on a host of good economic news, much of it generated by the federal government's long term approach to the Great Recession. The average

fallingrates

OMG! Mortgage rates continue run on record lows

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

fallingrates

Continued lackluster job market pushes mortgage rates lower

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

fallingrates

Lower rates usher in spring housing market

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

risingrates

Drat! Stronger economy pushes up most mortgage rates

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.

ratehouse

Hmm…Mortgage rates unexpectedly mixed this week

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

fallingrates

Yes! Benchmark mortgage interest rates reverse course, move lower

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

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Oops! 30-year mortgage interest rate moves up; other rates flat, down

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

risingrates

Unemployment claims give mortgage rates a boost

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

federalreserve

Mixed economic news sends benchmark rates down, others unchanged

"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

slidinghouse

Averting fiscal cliff does little for mortgage interest rates

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

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Mortgage rates little changed in record territory

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,

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