Home / Tag Archives: Fixed-Rate Mortgage

Tag Archives: Fixed-Rate Mortgage

How Much Money Are America’s Homes Worth?

New York, Los Angeles, and San Francisco are the most valuable metros in the U.S., according to a new LendingTree study, but it may come as a surprise how much the total value of owner-occupied homes are within them.

Read More »

The Time Is Right

With the market shifting, here is why financial institutions should consider partnering with a mortgage servicer now.

Read More »

Freddie Mac: Mortgage Rates Stay Level

While it's been a tame summer for mortgage rate movements, analysts at Bankrate say it's only a matter of time before that steadiness ends, especially as economic improvements spur policymakers at the Federal Reserve to stop holding interest rates down as much.

Read More »

Freddie Mac Reports Little Movement in Mortgage Rates

Adjustable rates also moved little, Freddie Mac reported. The 5-year Treasury-indexed hybrid adjustable-rate mortgage (ARM) averaged 2.97 percent (0.5 point) for the week, up from 2.95 percent in the previous survey. The 1-year ARM averaged 2.39 percent (0.5 point), up barely from 2.38 percent before.

Read More »

Mortgage Rates Continue to Slide

Freddie Mac's weekly Primary Mortgage Market Survey, released Thursday, shows the average rate for a 30-year fixed-rate mortgage (FRM) falling to 4.14 percent (0.5 point) for the week ending June 26, a continued slide from 4.17 percent last week. A year ago, the 30-year fixed average was 4.46 percent, an increase of more than half a percentage point over the week prior.

Read More »

Improving Economy Bumps Up Mortgage Rates

According to Freddie Mac, the average rate on a 30-year fixed-rate mortgage (FRM) was 4.20 percent (0.6 point) for the week ending June 12, an increase of 6 basis points from last week's report. Last year, the 30-year FRM hovered just below 4.0 percent. The 15-year FRM averaged 3.31 percent (0.5 point), up from 3.23 percent in the last report.

Read More »

Mortgage Rates Snap Five-Week Decline

In its latest survey results, Freddie Mac recorded the average 30-year fixed rate at 4.14 percent (0.5 point) for the week ending June 5, up from last week's average 4.12 percent. A year ago, the 30-year fixed-rate mortgage (FRM) was 3.91 percent and rising.

Read More »

Mortgage Rates Continue Month-Long Slide

In its weekly released Primary Mortgage Market Survey, Freddie Mac found the average rate for a 30-year fixed-rate mortgage (FRM) was 4.12 percent (0.6 point) for the week ending May 29, down from 4.14 percent last week and the lowest 30-year fixed average since October 2013. The 15-year FRM also slid down, averaging 3.21 percent (0.5 point) compared to last week's 3.25 percent.

Read More »

Mortgage Rates Slip from Poor Q1 Growth

Short Sales

News of worse-than-expected first-quarter economic growth brought fixed mortgage rates down this week, according to market reports. In its weekly Primary Mortgage Market Survey,Freddie Mac recorded the average 30-year fixed rate at 4.29 percent (0.7 point) for the week ending May 1, down from 4.33 percent. Last year, the 30-year rate was down at 3.35 percent.

Read More »

Mortgage Rates Increase Slightly to 4.33%

The average 30-year fixed mortgage rate came up to 4.33 percent (0.6 point) for the week ending April 24, up from 4.27 percent in the previous week, according to Freddie Mac’s latest Primary Mortgage Market Survey. Last year, the 30-year fixed-rate mortgage (FRM) averaged 3.40 percent, almost a full point lower. The 15-year FRM this week averaged 3.39 percent (0.6 point), moving up from 3.33 percent.

Read More »