Category: Freddie Mac

Mortgage Rates Keep Below the 3% Mark

Mortgage rates rose slightly this week, but still remain below the 3% mark, as Freddie Mac’s Primary Mortgage Market Survey (PMMS) found the 30-year fixed-rate mortgage (FRM) at 2.99%, up… Read more »

Mortgage Rates Continue Trend to Refi-Friendly Lows

Mortgage rates remained under 3% this week, as Freddie Mac reported the 30-year fixed-rate mortgage (FRM) at an average of 2.96%, down two basis points from last week’s average of… Read more »

Mortgage rates fall to an all-time low

The average U.S. rate for a 30-year fixed mortgage fell to 3.29% this week, the lowest ever recorded by Freddie Mac in a series that goes back to 1971. The… Read more »

Mortgage rates return to 3-year low

The average U.S. fixed rate for a 30-year mortgage fell to 3.45% this week, matching the three-year low set three weeks ago. The rate declined as global money managers spooked… Read more »

Record number of renters believe renting is more affordable than owning

A recent report from CoreLogic showed that home prices increased 4% year over year in December, and projected the U.S. price index will rise by 5.2% by December 2020. As… Read more »

Freddie Mac’s December forecast hints at market stability in 2020

As U.S. home sales are projected to climb in 2020, Freddie Mac’s December Forecast indicates the housing market will continue to stand firm moving into the new year. According to the government-sponsored enterprise,… Read more »

Mortgage rates drop to three-month low

The average U.S. fixed rate for a 30-year mortgage fell to 3.6% this week, a three-month low. That’s 5 basis points below last week and 85 basis points below the 4.45%… Read more »