Category: MortgagePage 1 of 7
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…
Freddie Mac (May 9, 2024): “After a five week climb, mortgage rates ticked down following a weaker than expected jobs report. An environment where rates continue to hover…
Freddie Mac (May 2, 2024): “The 30-year fixed-rate mortgage increased for the fifth consecutive week as we enter the heart of Spring Homebuying Season. On average, more than…
Freddie Mac (April 18, 2024): “The 30-year fixed-rate mortgage surpassed 7 percent for the first time this year, jumping from 6.88 percent to 7.10 percent this week. As…
Freddie Mac (March 28, 2024): “Mortgage rates moved slightly lower this week, providing a bit more room in the budgets of some prospective homebuyers. Additionally, encouraging data out…
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 (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 (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 (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…
