Category: MortgagePage 1 of 7

Freddie Mac Weekly Mortgage Rate Survey for June 13, 2024

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….

Could This Change Spur the Struggling Real Estate Market?

🏠 Could This Change Spur the Struggling Real Estate Market? 🏠 Today, the Consumer Financial Protection Bureau (CFPB) proposed a groundbreaking rule to ban medical bills from credit…

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Freddie Mac Weekly Mortgage Rate Survey for May 30, 2024

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 Weekly Mortgage Rate Survey for May 23, 2024

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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Unlock the door to homeownership with AMG’s groundbreaking loan program. Say goodbye to down payment worries and hello to a brighter future in your dream home. 🔑 Key…

Freddie Mac Weekly Mortgage Rate Survey for May 16, 2024

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 Weekly Mortgage Rate Survey for May 9, 2024

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 Weekly Mortgage Rate Survey for May 2, 2024

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 Weekly Mortgage Rate Survey for April 18, 2024

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 Weekly Mortgage Rate Survey for Mar 28, 2024

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 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…

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