NOTE: Follow daily mortgage rate activity with our blogs: A blog for Mortgage Professionals A blog for Consumers interested in following mortgage rates Mortgage rates continued to grow in the most recent week, now approaching very close to the level of interest rates at the beginning of the year. This...
Buoyed by the strong employment figures for September that were released last week, mortgage interest rates rose slightly in all categories according to Freddie Mac's Primary Mortgage Market Survey for the previous week. It is interesting that, with the exception of the short-term ARM, rates were virtually...
Interest rates during the week ended November 9 continued to exhibit the same meandering pattern that they have for months according to the Primary Mortgage Market Survey released by Freddie Mac. The 30-year fixed-rate mortgage (FRM) averaged 6.33 percent for the week with average fees and points of...
And this week, they are down. Mortgage rates , that is. The one week up, two weeks down, two weeks up pattern continues as the markets try to outguess where the Federal Reserve is going with rates, fewer people apply for mortgages, and housing sales in some parts of the country also slide. Freddie Mac...
Mortgage rates were up again for the week ending September 22 (Freddie Mac) and September 23 (MBA), returning, generally, to the rates we saw in mid-August. Freddie Mac's Weekly Survey reported the 30-year fixed rate mortgage up 6 basis points from 5.74 to 5.80 percent and fees and points unchanged at...
After four weeks of general if not universal declines, mortgage rates were up across the board during the week ending September 15 (Freddie Mac) and September 16 (Mortgage Bankers Association). Freddie Mac's Weekly Primary Mortgage Market Survey reported that the 30-year fixed rate mortgage was up three...