Category: MortgagePage 1 of 8
Mortgage Rates Level Off November 14, 2024 “After a six-week climb, rates have leveled off, but overall affordability continues to be an issue for potential homebuyers. Freddie Mac’s latest…
Mortgage Rates Increase for the Fifth Consecutive Week October 31, 2024 (Source: Freddie Mac) “Increasing for the fifth consecutive week, mortgage rates reached their highest level since the…
Mortgage Rates Surge October 10, 2024 Following the release of a stronger-than-expected September jobs report, the 30-year fixed rate mortgage saw the largest one-week increase since April. However,…
Mortgage Rates Tick Up October 3, 2024 Freddie Mac: “The decline in mortgage rates has stalled due to a mix of escalating geopolitical tensions and a rebound in…
The 30-Year Fixed-Rate Mortgage Lingers Just Under 6.5 Percent August 22, 2024 Although mortgage rates have stayed relatively flat over the past couple of weeks, softer incoming economic…
Mortgage Rates Decrease to Lowest Level in Over a Year (Freddie Mac, August 8, 2024) Mortgage rates plunged this week to their lowest level in over a year…
Mortgage Rates Dip to Lowest Level Since February August 1, 2024 Mortgage rates declined to their lowest level since early February. Expectations of a Fed rate cut coupled…
Mortgage Rates Show Little Movement July 25, 2024 (Source: Freddie Mac) Mortgage rates essentially remained flat from last week but have decreased nearly half a percent from their…
Mortgage Rates Continue to Fall Freddie Mac – July 18, 2024 The 30-year fixed-rate mortgage fell to its lowest level since mid-March, dropping 12 basis points from last…
Freddie Mac (July 11, 2024): “Following June’s jobs report, which showed a cooling labor market, the 10-year Treasury yield decreased this week and mortgage rates followed suit. There…
Freddie Mac (July 3, 2024): “Mortgage rates increased this week, coming in just under seven percent. Both new home and pending home sales are down, causing active listings…
Freddie Mac (June 13, 2024): “Mortgage rates continued to fall back this week as incoming data suggests the economy is cooling to a more sustainable level of growth….
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Freddie Mac (May 30, 2024): “Following several weeks of decline, mortgage rates changed course this week. More hawkish commentary about inflation and tepid demand for longer-dated Treasury auctions…
Freddie Mac (May 23, 2024): “Spring homebuyers received an unexpected windfall this week, as mortgage rates fell below the seven percent threshold for the first time in over…
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Freddie Mac (May 16, 2024): “Mortgage rates decreased for the second consecutive week. Given the news that inflation eased slightly, the 10-year Treasury yield dipped, leading to lower…