Category: MortgagePage 1 of 6

Freddie Mac Weekly Mortgage Rate Survey for February 22, 2024

Freddie Mac (February 22, 2024): “Strong incoming economic and inflation data has caused the market to re-evaluate the path of monetary policy, leading to higher mortgage rates. Historically,…

Freddie Mac Weekly Mortgage Rate Survey for February 15, 2024

Freddie Mac (February 15, 2024): “On the heels of consumer prices rising more than expected, mortgage rates increased this week. The economy has been performing well so far…

Freddie Mac Weekly Mortgage Rate Survey for February 8, 2024

Freddie Mac (February 8, 2024): “Mortgage rates remain stagnant, hovering in the mid-six percent range over the past several weeks. The economy and labor market remain strong with…

Freddie Mac Weekly Mortgage Rate Survey for February 1, 2024

Freddie Mac (February 1, 2024): “Although affordability continues to impact homeownership, the combination of a solid economy, strong demographics and lower mortgage rates are setting the stage for…

Freddie Mac Weekly Mortgage Rate Survey for January 18, 2024

Freddie Mac (1/18/2024): “Mortgage rates decreased this week, reaching their lowest level since May of 2023. This is an encouraging development for the housing market and in particular…

Freddie Mac Weekly Mortgage Rate Survey for January 4, 2024

Freddie Mac (1/4/2024): “Between late October and mid-December, the 30-year fixed-rate mortgage plummeted more than a percentage point. However, since then rates have moved sideways as the market…

Freddie Mac Weekly Mortgage Rate Survey for December 14, 2023

Freddie Mac (12/14/2023): “Potential homebuyers received welcome news this week as mortgage rates dropped below seven percent for the first time since August. Given inflation continues to decelerate…

Freddie Mac Weekly Mortgage Rate Survey for November 17, 2023

Freddie Mac (11/17/2023): “For the third straight week, mortgage rates trended down, as new data indicates that inflationary pressures are receding. The combination of continued economic strength, lower…

Freddie Mac Weekly Mortgage Rate Survey for November 10, 2023

Freddie Mac (11/10/2023): “As Treasury yields decline, the 30-year fixed-rate mortgage dropped a quarter of a percent, the largest one-week decrease since last November. Incoming data show that…

Freddie Mac Weekly Mortgage Rate Survey for October 26, 2023

Freddie Mac (10/26/2023): “For the seventh week in a row, mortgage rates continued to climb toward eight percent, resulting in the longest consecutive rise since the Spring of…

Freddie Mac Weekly Mortgage Rate Survey for October 19, 2023

Freddie Mac (10/19/2023): Mortgage Rates Approach Eight Percent “Mortgage rates continued to approach eight percent this week, further impacting affordability. In this environment, it’s important that borrowers shop…

Freddie Mac Weekly Mortgage Rate Survey for October 12, 2023

Freddie Mac (10/12/2023): Mortgage Rates Continue to Surge “For the fifth consecutive week, mortgage rates rose as ongoing market and geopolitical uncertainty continues to increase. The good news…

Freddie Mac Weekly Mortgage Rate Survey for October 5, 2023

Freddie Mac (10/5/2023): Mortgage Rates Continue to Surge “Mortgage rates maintained their upward trajectory as the 10-year Treasury yield, a key benchmark, climbed. Several factors, including shifts in…

Freddie Mac Weekly Mortgage Rate Survey for September 14, 2023

Freddie Mac (9/14/2023): “Mortgage rates inched back up this week and remain anchored north of seven percent. The reacceleration of inflation and strength in the economy is keeping…

Freddie Mac Weekly Mortgage Rate Survey for September 8, 2023

Freddie Mac (9/8/2023): “For the fourth consecutive week, the 30-year fixed-rate mortgage hovered above seven percent. The economy remains buoyant, which is encouraging for consumers. Though while inflation has…

Freddie Mac Weekly Mortgage Rate Survey for August 24, 2023

Freddie Mac (8/24/2023): “This week, the 30-year fixed-rate mortgage reached its highest level since 2001 and indications of ongoing economic strength will likely continue to keep upward pressure…

Freddie Mac Weekly Mortgage Rate Survey for August 17, 2023

Freddie Mac (8/17/2023): “The economy continues to do better than expected and the 10-year Treasury yield has moved up, causing mortgage rates to climb. The last time the…

Freddie Mac Weekly Mortgage Rate Survey for August 10, 2023

Freddie Mac (8/10/2023): “For the third straight week, mortgage rates continued creeping up and are now just shy of seven percent. There is no doubt continued high rates…

RSS
Follow by Email
Pinterest
fb-share-icon
LinkedIn
LinkedIn
Share
Instagram
WhatsApp