Archive for the ‘Fixed Rate Mortgage’ tag
Fed Report on Inflation Prompts Moderation in Interest Rates
Mortgage interest rates dropped slightly during the
week ended July 3 according to results of the Primary Mortgage Market
Survey released by Freddie Mac.
The 30-year fixed-rate mortgage (FRM) eased back from the 6.45 percent
with 0.6 point that it had averaged for the week ended July 26 to 6.35
percent also with 0.6 point.
Loan activity as measured by loan application volume
increased…
Mortgage Rates Continue to Set New 2008 Records, Applications Fall
Fixed-rate mortgage
interest increased again during the week ended June 19 according to
results from the Primary Mortgage Market Survey released by Freddie
Mac.
The 30-year fixed-rate mortgage (FRM) jumped from 6.32 percent to 6.42
percent with fees and points…
Most Mortgage Rates were Stagnant While Application Volume Increased
While the stock market has been undergoing some wild fluctuations over
the last couple of weeks, the mortgage scene has been quiet - very
quiet.
According to Freddie Mac which released the results of its
Primary Mortgage Market Survey for the week ended June 5, the two
long- term products, the 30-year fixed-rate mortgage
(FRM) and the 15- year FRM each moved a scant one basis point from the
previous week.
Application volume increased 10.9
percent on a seasonally adjusted basis from a week earlier and 23 percent
on an.