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Home buyers and refinancers waiting and hoping for a return of record low rates suffered a setback this week as fixed rates reversed a three-week downward trend. Only the short-term adjustable rate mortgage was lower than the previous week. ...

After months of low rates some of which broke long-time records, mortgage interest rates shot up drastically during the week ended June 4. Freddie Mac released the results of its Primary Mortgage Market survey this morning, showing that the 30-year fixed-rate mortgage (FRM) for the week averaged 5.29 percent with 0.7 point. This is the highest rate for the 30-year FRM since the week ended December 18, 2008 when the average was 5.19 percent. The new number is an increase of 37 basis points over last...

Mortgage interest rates declined for the second week in a row according to the Primary Mortgage Market Survey released Thursday morning by Freddie Mac. This was a change in the recent up-one-week, down-the-next behavior exhibited by rates since early October. During that period rates reversed direction every week, fluctuating as much as 52 basis points from week to week. Interest rates for the 30-year fixed-rate mortgage (FRM) averaged 6.14 percent with 0.7 point for the week ended November 13. During...

Mortgage interest rates reversed the stunning increases seen the previous week, erasing almost all of the gains seen in fixed rate products according to Freddie Mac's weekly Primary Mortgage Market Survey for the week ended October 23. "Long-term mortgage rates fell this week amid news of tame inflation and a weaker housing market," said Frank Nothaft , Freddie Mac vice president and chief economist. "Consumer prices were unchanged in September and core prices, which exclude food...

In its first week at least, the conservatorship of Freddie Mac and Fannie Mae accomplished one part of the hoped-for effect; longer term mortgage rates plunged to levels not seen for months. Freddie's Primary Mortgage Market Survey for the week ended September 11 (which includes the four business days since Sunday's announcement of the take-over of what is now THE mortgage market in the U.S.) showed the average interest rate for the 30-year fixed-rate mortgage (FRM) at 5.93 percent with 0...

Mortgage interest rates broke through the gridlock of the last few weeks and, with the exception of one-year adjustable rates, moved lower.

Mortgage activity as measured by the volume of loan applications increased by a marginal 0.5 percent on a seasonally adjusted basis from a week earlier and decreased by 0.9 percent unadjusted. Volume was down 31.2 percent compared to the same week in 2007.

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Fixed-rate mortgages (FRMs) hit the highest levels of 2008 during the week ended July 24 according to Freddie Mac's Primary Mortgage Market Survey.

"Market concerns about rising inflation and the greater probability that the Federal Reserve (Fed) will raise short-term rates this year all combined to push mortgage rates higher this week," said Frank Nothaft, Freddie Mac vice president and chief economist...

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According to Freddie Mac's Primary Mortgage Market Survey for the week ending July 10, there was little change in either short or long term mortgage rates.

The Mortgage Bankers Association released this week's figures Wednesday morning. MBA's Weekly Mortgage Applications Survey for the week ended July 11 reported that...

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