All posts by Corbin Perkins

ratehouse

30-year FRM unchanged, other rates tick up

The 30-year fixed-rate mortgage (FRM) was unchanged at 4.40 percent, with an average 0.7 point, the week ending Aug. 15, according to Freddie Mac’s weekly Primary Mortgage Market Survey.

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ratebounce

Mortgage rates bounce up

The 30-year fixed-rate mortgage (FRM) was 4.39 percent, with an average 0.7 point, the week ending Aug 1, according to Freddie Mac's weekly Primary Mortgage Market Survey. Last week,

rateseesaw

Benchmark mortgage rates down two consecutive weeks

The average 30-year fixed-rate mortgage (FRM) came in at 4.31 percent, with an average 0.8 point, the week ending July 25. The rate was down from 4.37 percent last

rateseesaw

Mortgage interest rates see-sawing

Federal Reserve Chairman Ben Bernanke, downplaying discord among Fed policymakers, helped reign in rising mortgage rates. The average 30-year fixed-rate mortgage (FRM) dropped from 4.51 percent last week to

risingrates

Mortgage rates move higher, but could ease

June's strong employment report led to more speculation that the Federal Reserve will reduce future bond purchases. Higher mortgage rates resulted. Some of that speculation could be tempered by

ratesrise

30-year FRM rate takes off, rising more than 0.5%

30-year isn't the only mortgage rate to get a hefty increase "Higher mortgage rates may dampen some housing market activity, but the effect will be muted by the high

ratesrise

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.

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

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