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  • Mortgage Rates Inch Downward

    To use the word "drift" in conjunction with the mortgage market the past week would be suggesting too much energy in mortgage rates and in the market. According to Freddie Mac's Primary Mortgage Market Survey for last week, fixed rate mortgages (FRM) inched down a maximum of two basis points and ARMs...
    Posted to MND NewsWire (Weblog) by Glenn Setzer on Wed, May 2 2007
  • Mortgage Rates Flatten As Does Application Activity

    Mortgage rates were essentially unchanged during the week ended March 15 according to Freddie Mac's Primary Mortgage Market Survey. The corporation's chief economist and vice president Frank Nothaft said that the lack of movement was largely due to the lack of economic news. "The economy added 97,000...
    Posted to MND NewsWire (Weblog) by Glenn Setzer on Thu, Mar 22 2007
  • Mortgage Rates Kept In Check By Market Jitters

    Mortgage rates tracked by Freddie Mac in its Primary Mortgage Market Survey for the previous week mostly established new 2007 lows. The 30-year fixed-rate mortgage (FRM) lost four basis points from the previous week, averaging 6.14. This was the lowest rate since the week ended December 21. Fees and...
    Posted to MND NewsWire (Weblog) by Glenn Setzer on Wed, Mar 14 2007
  • Mortgage Rates Resume Climb After One Week Retreat

    After a single week of declining rates, mortgage interest rates returned to the pattern of small incremental increases that has prevailed since mid-December. The Freddie Mac Primary Mortgage Market Survey for last week showed the 30-year fixed-rate mortgage (FRM) had an average contract interest rate...
    Posted to MND NewsWire (Weblog) by Glenn Setzer on Wed, Feb 21 2007
  • Most Mortgage Rates Drift Lower For First Time In 2007

    Mortgage rates ratcheted down last week according to the results of Freddie Mac's Primary Mortgage Market Survey. Rates have generally been on an upward trajectory since the mid December. Frank Nothaft, Freddie Mac vice president and chief economists said, "News of moderate employment gains in January...
    Posted to MND NewsWire (Weblog) by Glenn Setzer on Wed, Feb 14 2007
  • Mortgage Rates and Application Rates Both Mixed at the End of January

    Mortgage rates assumed a split personality again this past week with Freddie Mac showing moderate increases and the Mortgage Bankers Association reporting similar movement in the opposite direction. Freddie Mac's Primary Mortgage Market Survey for the previous week reported that the 30-year fixed-rate...
    Posted to MND NewsWire (Weblog) by Glenn Setzer on Wed, Feb 7 2007
  • Mortgage Rates And Volume Flatten In Pre-Holiday Market

    Mortgage rates were fairly stagnant during the week ended December 14 according to the Primary Mortgage Market Survey released by Freddie Mac. Frank Nothaft, Freddie Mac vice president and chief economist said that "Mixed economic reports have kept mortgage rates from making any drastic changes. On the...
    Posted to MND NewsWire (Weblog) by Glenn Setzer on Thu, Dec 21 2006
  • Mortgage Rates Remain Low While Applications Reach Recent Highs

    Mortgage rates declined yet again in the results of the Primary Mortgage Market Survey for the week ended December 7. Freddie Mac reported that the 30-year fixed-rate mortgage reached the second lowest point of the year at 6.11 percent with an average 0.5 point. This was a drop of 3 basis points from...
    Posted to MND NewsWire (Weblog) by Glenn Setzer on Thu, Dec 14 2006
  • Mortgage Rates Spur Refinance Market

    Mortgage rates continued to trend downward during the week ended November 30 according to Freddie Mac's Primary Mortgage Market Survey. The 30-year fixed-rate mortgage (FRM) reached its third lowest level of the year at 6.14 percent with an average of 0.4 in fees and points. With 2006 drawing to an end...
    Posted to MND NewsWire (Weblog) by Glenn Setzer on Wed, Dec 6 2006
  • Mortgage Rates, Applications Down In Short Holiday Week

    Long term interest rates took a bit of a dive during the week ended November 22 according to Freddie Mac's Primary Mortgage Market Survey. The 30-year fixed-rate mortgage (FRM) averaged 6.18 percent, A drop of six basis point from the previous week and the lowest point the 30-year FRM has seen since...
    Posted to MND NewsWire (Weblog) by Glenn Setzer on Thu, Nov 30 2006
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