Category: MortgagePage 2 of 8
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…
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 (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 (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 (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 (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 (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 (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 (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 (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 (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…
