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With the exception of the five-year treasury indexed hybrid adjustable rate mortgage (ARM), mortgage rates remained virtually unchanged for the second week in a row according to the results of the Primary Mortgage Market Survey conducted by Freddie Mac for the week ended November 15. The 30-year fixed...
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Both long and short term interest rates dropped slightly last week according to Freddie Mac's Primary Mortgage Market Survey for the week ended November 8. The 30-year fixed-rate mortgage (FRM) averaged 6.24 percent with an average 0.4 point for the week compared with 6.26 and 0.4 point the week before...
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Here we are looking at mortgage rates for the first week of the year's second quarter and we might as well be looking at the rates for the beginning of the year. For fourteen week rates have moved up and down within a narrow range of 14 to 20 basis points, ending up, in the case of the 30-year fixed...
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In its report of the results of its Primary Mortgage Market Survey for last week, Freddie Mac took some credit for the stability in mortgage rates in spite of the turbulence in the subprime market. Those troubles claimed another victim on Monday when New Century Financial finally did what had been expected...
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Freddie Mac's Primary Mortgage Market Survey placed the 30-year fixed rate mortgage (FRM) at 6.16 percent, little changed from the previous week when the 30-year averaged 6.14 percent. Fees and points averaged 0.4 both weeks. During the same week in 2006 this product carried an average rate of 6.32 percent...
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With one exception, fixed rate mortgages (FRMs) increased during the week ended January 25 according to both Freddie Mac and the Mortgage Bankers Association (MBA) but both organization's surveys recorded a decline in rates for adjustable (ARM) products. This, however slightly, changed the yield curve...
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Interest rates were up slightly this week according to the Freddy Mac Primary Mortgage Market Survey for the week ended October 26. The 30-year fixed-rate mortgage (FRM) ended the week averaging 6.40 percent compared to 6.36 the previous week. One year ago the 30-year FRM averaged 6.15 percent. The 15...