Home buyers and refinancers waiting and hoping for a return of record low rates suffered a setback last week as fixed rates reversed a three-week downward trend. According to data from Freddie Mac’s Primary Mortgage Market Survey released this morning, the 30-year fixed-rate mortgage (FRM) rose...
Interest rates continued to increase during the week ended June 11 according to results of Freddie Mac’s weekly Primary Mortgage Market Survey released this morning. Three of the four average rates tracked by the survey were the highest of the current year. According to the survey the 30-year fixed...
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...
Buoyed by a spate of good economic news, mortgage interest rates rose slightly from the record low territory of the last few weeks according to results of Freddie Mac's weekly survey . The Primary Mortgage Market Survey released this morning reports that the 30-year fixed-rate mortgage (FRM) rose...
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...
Mortgage rates took off during the week ended October 16 according to results of Freddie Mac's Primary Mortgage Market Survey released Thursday morning. In most cases the rates reached levels not seen since last summer. The 30-year fixed-rate mortgage (FRM) averaged 6.46 percent with 0.6 point for...
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...
Due to reports of continued weakness in the economy, rates on fixed-rate mortgages edged lower during the week ended August 28 according to the results of Freddie Mac's Primary Mortgage Market Survey. The 30-year fixed-rate mortgage (FRM) averaged 6.40 percent with 0.6 point for the week compared with...
Mortgage interest rates broke through the gridlock of the last few weeks and, with the exception of one-year adjustable rates, moved lower. According to Freddie Mac, the results of its Primary Mortgage Market Survey indicated that the average contract rate for the 30-year fixed-rate mortgage (FRM) was...
Mortgage interest rates remained flat during the week ended August 7 according to the weekly Primary Mortgage Market Survey released by Freddie Mac. The 30-year fixed-rate mortgage (FRM) averaged 6.5 percent with 0.7 point, unchanged from the previous week. The 15-year FRM averaged 6.10 percent, up 3...