All posts by Corbin Perkins
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.
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
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
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
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
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
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
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.
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
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
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
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
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
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
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,













