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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...
Posted to
MND NewsWire
by
Jann Swanson
on
Fri, Sep 12 2008
Filed under:
Filed under: mortgage rates, Freddie Mac, Mortgage Bankers Association, Mortgage Applications, Frank Nothaft, freddie mac, mortgage applications, mortgage rates, mortgage bankers association, frank nothaft
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Mortgage rates continued to move upwards during the week ended February 28 according to the Primary Mortgage Market Survey report released by Freddie Mac. The 30-year fixed-rate mortgage (FRM) climbed 20 basis points from the average 6.04 rate a week earlier although fees and points declined from 0.6...
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Mortgage rates continued to fall during the week ended January 17 according to the results of the Primary Mortgage Market Survey released by Freddie Mac and, in the case of 30 and 15-year fixed rate mortgages (FRMs) reached the lowest level since July 2005. The 30-year FRM averaged 5.69 percent, down...
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Mortgage interest rates as reported by Freddie Mac were only slightly changed if changed at all during the week ended December 27 - the last full survey week of the year. The Primary Mortgage Market Survey reported an average for the 30-year fixed rate mortgage (FRM) of 6.17 percent with an average 0...
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The two mortgage interest rate surveys upon which we report each week showed big changes for long term rates during the week ended December 6 and 7, but the difference in the outcomes was striking. Two of the products tracked by Freddie Mac dropped to new two year lows while the Mortgage Bankers Association...
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Mortgage rates fell last week to their lowest point in nearly six months according to the results of Freddie Mac's Primary Mortgage Market Survey for the week ended November 1. The average rate for the 30-year fixed-rate mortgage (FRM) dropped to 6.26 percent with an average 0.4 point from the average...
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Mortgage rates showed substantial declines for the previous week according to Freddie Mac's Primary Mortgage Market Survey. Similar drops were recorded by the Mortgage Bankers Association (MBA) in its Mortgage Applications Survey for the week ended October 26. Freddie Mac reported that the 30-year fixed...
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The Federal Reserve's striking 50 basis point cut in the Federal Funds Rate occurred only two days before the Freddie Mac Primary Mortgage Market Survey and the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey were locked down for the weeks ending September 20 and September 21...
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Short term mortgage rates which had been rising, sometimes very sharply over the last few weeks fell a bit last week while long term rates were almost unchanged in the Freddie Mac Primary Mortgage Market Survey for the previous week. The 30-year fixed-rate mortgage (FRM) moved up one basis point from...
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Long term mortgage interest rates showed a healthy decline during the previous week according to the Primary Mortgage Market Survey released by Freddie Mac. The one-year ARM, however, shot up in this report as it had one week earlier in the Mortgage Bankers Association survey. The 30-year fixed rate...
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Mortgage rates increased in every category last week according to surveys released by Freddie Mac and by the Mortgage Bankers Association. Freddie Mac's Primary Mortgage Market survey reported that the 30-year fixed-rate mortgage (FRM) averaged 6.62 percent with 0.4 point during the week ended August...
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Mortgage rates declined again during the week ended August 2 according to the Weekly Mortgage Market Survey conducted by Freddie Mac and the week ended August 3 per the Weekly Mortgage Applications Survey released by the Mortgage Bankers Association. Freddie Mac's report indicted that the 30-year fixed...