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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...
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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...
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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...
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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...
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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...
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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...
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Mortgage rates were mixed for the week ending September 7 and September 8, with no definitive movement in either direction. After three weeks of declines, both Freddie Mac and the Mortgage Bankers Association (MBA) surveys saw rates up, down, and unchanged. According to Freddie Mac, the 30-year fixed...
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Mortgage rates were up again for the week ended August 11 (Freddie Mac) and August 12 (Mortgage Bankers Association.) This is the sixth straight week that Freddie Mac's Weekly Primary Mortgage Market Survey showed an increase in the 30 year fixed rate mortgage. That product averaged 5.89 percent last...
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Fixed rates mortgages made a sixth straight week of upward bound rates according to the Freddie Mac Weekly Primary Mortgage Market Survey for the week ending August 4. The 30 year fixed rate averaged 5.82 percent, up from 5.77 for the previous week. Fees and points were also up from 0.5 to 0.6. The 15...
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Mortgages rates were up again during the last week of July, marking the fourth straight week of increases for fixed rate loans and the fifth week for the 1-year adjustable rate mortgages. Freddie Mac reported that the 30-year fixed mortgage averaged 5.77 percent for the week ended July 28, up 4 basis...
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Average mortgage rates were up again last week according to both Freddie Mac and the Mortgage Bankers Association (MBA). Freddie Mac reported that fixed rate products were up for the fourth week in a row with the 30-year fixed at 5.73 percent compared to 5.66 percent the previous week and the 15-year...
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Mortgage rates reversed direction yet again last week; the only exception to a general rate increase was the drop reported for the 1-year ARM in the Mortgage Bankers Association (MBA) survey. Freddie Mac's Weekly Primary Mortgage Survey for the week ended July 7 reported that the 30-year fixed rate mortgage...
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Rates on 15 and 30 year mortgages continued to fall last week according to Freddie Mac, although the 5/1 and 1-year ARM were up by the smallest possible amount. Freddie's survey for the week ended June 30 had the 30 year down from 5.57 percent to 5.53 percent and the 15 year dropping from 5.16 percent...
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Both Freddie Mac and the Mortgage Bankers' Association surveys for the weeks ending June 23 and 24 respectively showed mortgage rates backing off from their increases the previous week. The Freddie Mac survey reported the 30-year fixed at 5.57 percent compared to 5.63 percent the previous week and the...
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Freddie Mac and the Mortgage Bankers' Association surveys for the weeks ended June 16 and June 17 were, for once, in total agreement - the average mortgage rates for all the products they tracked went up, some as much as 9 basis points. Freddie Mac reported the 30-year fixed mortgage rate at 5.63. This...