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All posts by Corbin Perkins
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.
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,
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
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
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
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
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.
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 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
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
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