All posts tagged interest rates
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.
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
Boo-yah! 15-year FRM, 5-year ARM set new record lows
Falling prices at the pump weren't enough to offset the impact of the global economy running out of gas. The average rate on the 30-year fixed-rate mortgage (FRM) ticked
How long will the Fed buy mortgage-backed securities?
VANGUARD - Amid reports of reduced consumer prices and a spotty job market, the Federal Reserve's upcoming policy meeting likely will grapple with the question: How long should
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
Cringing consumer confidence depresses mortgage interest rates
Consumer confidence worried mortgage rates down this week as many rates fell for the second consecutive week, according to the Erate Interest Rate Update for the week ending
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
Mortgage rate movement mirrors consumer uncertainty
Mortgage rates continued their up-one-week-down-the-next trend, unable, like consumers, to get a fix on the economy, according to the Erate Interest Rate Update for the week ending March
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.
The low-down on big down payments
SUSIE SHORTSLEEVE - You can buy a home with as little as 3 percent down, thanks to federal government loans and others with eased restrictions. Low-down payment mortgages are
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
Whew! Mortgage interest rates settle down after a two-week jump
Mortgage interest rates may have reversed course on their recent upward moves. That's due to economic growth that's not strong and steady enough to continue upward pressure on interest
Federal Reserve stays the course
"When the Committee decides to begin to remove policy accommodation, it will take a balanced approach consistent with its longer-run goals of maximum employment and inflation of 2
Mortgage rates rise as housing, stock market, economy rally
Forecasts for rising mortgage rates in 2013 may have been too little, too late. Mortgage rates jumped today to their highest levels in months, according to a flurry of
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
Average 30-year mortgage rate hits two-month high
Buoyed, in part, by a hopeful outlook for employment, the 30-year fixed-rate mortgage (FRM) posted its highest reading in eight weeks, an average 3.40 percent with 0.7 point. Freddie
Most benchmark purchase mortgage rates jolt upward on release of FOMC meeting minutes
Mortgage rates were off to a bumpy start in 2013, first falling to near record lows on news the economy averted the fiscal cliff, then jolting upward this















