Archive for the ‘Mortgage Interest Rates’ tag
Rates Remain Mostly Flat while Mortgage Applications Lag, Hitting Four Year Low
Mortgage interest rates remained flat during the week
ended August 7 according to the weekly Primary Mortgage Market Survey
released by Freddie Mac.
The Mortgage Bankers Association (MBA) in results from its
Weekly Mortgage Applications Survey reported…
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…
Long-Term Interest Rates Higher While Mortgage Applications Continue to Slide
Long term mortgage interest rates took a slight bump
upward during the week ended May 29 while the rates for the two short-
term products were virtually unchanged according to data released by
Freddie Mac as part of its Primary Mortgage Market Survey.
“Mortgage rates drifted up this week over market concerns that the
Federal Reserve Board may raise short-term rates later this year,” said
Frank Nothaft, Freddie Mac vice president and chief
economist. “A recent working paper published by the Federal Reserve Bank
of Minneapolis suggested that…