FN30 _______________________________ FN 4.0 -------->>>> -0-04 to 100-14 from 100-18 FN 4.5 -------->>>> -0-03 to 102-02 from 102-05 FN 5.0 -------->>>> - 0-02 to 103-04 from 103-06 FN 5.5 -------->>>> -0-01 to 103-24 from 103-25 FN 6.0 -------->>>>...
Fed Chairman Ben Bernanke said accelerating rates of foreclosures and delinquencies can have a significant impact on the economy and called for more to be done in order to prevent them. Speaking Monday night at the Columbia Business School's 32nd annual dinner, Bernanke said the rate of foreclosures...
Fannie Mae's Managing Director, Brian Faith, released a statement on Wednesday that gave notice that at least one of the two government sponsored enterprises (GSEs) that play a major role in the nation�s mortgage industry has decided it would be wise to protect its own interests. Government lawmakers...
Mortgage interest rates increased during the week ended March 13, in some cases more than wiping out the substantial declines reported for the week ended March 6. According to Freddie Mac's Primary Mortgage Market Survey, the 30-year fixed-rate mortgage (FRM) had an average rate of 6.13 percent, an increase...
It was nice while it lasted but mortgage rates last week reversed a four week downward trend and made up much of the ground they lost a week earlier. However, they still remained well below where they were at the end of 2007 when the four-week slide began. Freddie Mac's Primary Mortgage Market Survey...
Mortgage interest rates as reported by Freddie Mac were only slightly changed if changed at all during the week ended December 27 - the last full survey week of the year. The Primary Mortgage Market Survey reported an average for the 30-year fixed rate mortgage (FRM) of 6.17 percent with an average 0...
Mortgage interest rates took a jump upward during the week ended December 13 and December 14 according to information released by Freddie Mac and the Mortgage Bankers Association respectively. Freddie Mac's Primary Mortgage Market Survey reported that the average rate for a 30-year fixed-rate mortgage...
If you don't have a TV, a radio, or a newspaper, you may have missed all of the negative press surrounding the mortgage and housing markets . The severity of the situation has created a sort of panic that has paralyzed the consumer. Rather than deal with any aspect of the problem, we wait for someone...
The Federal Reserve's striking 50 basis point cut in the Federal Funds Rate occurred only two days before the Freddie Mac Primary Mortgage Market Survey and the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey were locked down for the weeks ending September 20 and September 21...
Long term mortgage interest rates showed a healthy decline during the previous week according to the Primary Mortgage Market Survey released by Freddie Mac. The one-year ARM, however, shot up in this report as it had one week earlier in the Mortgage Bankers Association survey. The 30-year fixed rate...