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Mortgage rates continued to move upwards during the week ended February 28 according to the Primary Mortgage Market Survey report released by Freddie Mac. The 30-year fixed-rate mortgage (FRM) climbed 20 basis points from the average 6.04 rate a week earlier although fees and points declined from 0.6...
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Mortgage rates continued to fall during the week ended January 17 according to the results of the Primary Mortgage Market Survey released by Freddie Mac and, in the case of 30 and 15-year fixed rate mortgages (FRMs) reached the lowest level since July 2005. The 30-year FRM averaged 5.69 percent, down...
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The two mortgage interest rate surveys upon which we report each week showed big changes for long term rates during the week ended December 6 and 7, but the difference in the outcomes was striking. Two of the products tracked by Freddie Mac dropped to new two year lows while the Mortgage Bankers Association...
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Mortgage rates fell last week to their lowest point in nearly six months according to the results of Freddie Mac's Primary Mortgage Market Survey for the week ended November 1. The average rate for the 30-year fixed-rate mortgage (FRM) dropped to 6.26 percent with an average 0.4 point from the average...
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Mortgage rates showed substantial declines for the previous week according to Freddie Mac's Primary Mortgage Market Survey. Similar drops were recorded by the Mortgage Bankers Association (MBA) in its Mortgage Applications Survey for the week ended October 26. Freddie Mac reported that the 30-year fixed...
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Short term mortgage rates which had been rising, sometimes very sharply over the last few weeks fell a bit last week while long term rates were almost unchanged in the Freddie Mac Primary Mortgage Market Survey for the previous week. The 30-year fixed-rate mortgage (FRM) moved up one basis point from...
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Mortgage rates increased in every category last week according to surveys released by Freddie Mac and by the Mortgage Bankers Association. Freddie Mac's Primary Mortgage Market survey reported that the 30-year fixed-rate mortgage (FRM) averaged 6.62 percent with 0.4 point during the week ended August...