Category: MortgagePage 1 of 4

Freddie Mac Weekly Mortgage Rate Survey for Sep 22, 2022

From Freddie Mac: “The housing market continues to face headwinds as mortgage rates increase again this week, following the 10-year Treasury yield’s jump to its highest level since…

Freddie Mac Weekly Mortgage Rate Survey for Sep 15, 2022

From Freddie Mac: “Mortgage Rates Exceed Six Percent for the First Time Since 2008 September 15, 2022 Mortgage rates continued to rise alongside hotter-than-expected inflation numbers this week,…

Freddie Mac Weekly Mortgage Rate Survey for Sep 8, 2022

Freddie Mac (9/8/2022): “Mortgage rates rose again as markets continue to manage the prospect of more aggressive monetary policy due to elevated inflation. Not only are mortgage rates…

Freddie Mac Weekly Mortgage Rate Survey for Sep 1, 2022

Freddie Mac (9/1/2022): “The market’s renewed perception of a more aggressive monetary policy stance has driven mortgage rates up to almost double what they were a year ago….

Freddie Mac Weekly Mortgage Rate Survey for August 25, 2022

Freddie Mac (8/25/22): “The combination of higher mortgage rates and the slowdown in economic growth is weighing on the housing market. Home sales continue to decline, prices are…

Freddie Mac Weekly Mortgage Rate Survey for July 21, 2022

From Freddie Mac (7/21/2022): “The housing market remains sluggish as mortgage rates inch up for a second consecutive week. Consumer concerns about rising rates, inflation, and a potential…

Freddie Mac Weekly Mortgage Rate Survey for July 14, 2022

From Freddie Mac (7/14/2022): “Mortgage rates are volatile as economic growth slows due to fiscal and monetary drags. With rates the highest in over a decade, home prices…

Freddie Mac Weekly Mortgage Rate Survey for July 7, 2022

From Freddie Mac (7/7/2022): “Over the last two weeks, the 30-year fixed-rate mortgage dropped by half a percent, as concerns about a potential recession continue to rise. While…

Freddie Mac Weekly Mortgage Rate Survey for June 30, 2022

From Freddie Mac (6/30/2022): “The rapid rise in mortgage rates has finally paused, largely due to the countervailing forces of high inflation and the increasing possibility of an…

Freddie Mac Weekly Mortgage Rate Survey for June 23, 2022

From Freddie Mac (6/23/2022): “Fixed mortgage rates have increased by more than two full percentage points since the beginning of the year. The combination of rising rates and…

Freddie Mac Weekly Mortgage Rate Survey for June 16, 2022

From Freddie Mac (6/16/2022): “Mortgage rates surged as the 30-year fixed-rate mortgage moved up more than half a percentage point, marking the largest one-week increase in our survey…

Houston, We Have A Problem

US credit card debt and annual percentage rates are near all-time highs. Inflation hit a 40-year high (again) in May. Meanwhile, the personal savings rate in the US…

Freddie Mac Weekly Mortgage Rate Survey for June 9, 2022

From Freddie Mac (6/9/2022): “After little movement the last few weeks, mortgage rates rose again on the back of increased economic activity and incoming inflation data. The housing…

Your Government Loan Expert

ARIZONA HOMEOWNERS AND HOMEBUYERS: LET ME HELP YOU ON YOUR NEXT FHA OR VA MORTGAGE! Here are the highlights of my government loan programs. Call or message me…

Freddie Mac Weekly Mortgage Rate Survey for June 2, 2022

From Freddie Mac (6/2/2022): “Mortgage rates continued to inch downward this week but are still significantly higher than last year, affecting affordability and purchase demand. Heading into the…

Freddie Mac Weekly Mortgage Rate Survey for May 26, 2022

From Freddie Mac (5/26/2022): “Mortgage rates decreased for the second week in a row due to multiple headwinds that the economy is facing. Despite the recent moderation in…

Freddie Mac Weekly Mortgage Rate Survey for May 19, 2022

From Freddie Mac (5/19/2022): “Economic uncertainty is causing mortgage rate volatility. As a result, purchase demand is waning, and homebuilder sentiment has dropped to the lowest level in…

Freddie Mac Weekly Mortgage Rate Survey for May 12, 2022

From Freddie Mac (5/12/2022): “Homebuyers continue to show resilience even though rising mortgage rates are causing monthly payments to increase by about one-third as compared to a year…

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