All posts by Corbin Perkins

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 efforts, including Freddie Mac and Fannie Mae profits, higher wages, the expiration of the payroll tax cut and the fiscal cliff deal.

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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

oops

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

ratehouse

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,

ratehouse

PMMS: 30-year, 15-year fixed mortgage rates tick up, remain in record territory

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

ratedroparrow

Geronimo! Mortgage rates reach new record lows

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

fallingrates

Global economic woes push fixed interest mortgage rates to new record lows

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

ratehouse

Mortgage rates tick up, remain in record territory

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

mortgagecloud

Mortgage rates edge up with economic progress

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

fallingrates

Fixed mortgage rates fall to near record low, ARMs rise

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

risingrates

Mortgage rates inch up

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

ratedroparrow

Shazam! Fixed mortgage rates at record lows again

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

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