Category: MortgagePage 2 of 7

Freddie Mac Weekly Mortgage Rate Survey for August 17, 2023

Freddie Mac (8/17/2023): “The economy continues to do better than expected and the 10-year Treasury yield has moved up, causing mortgage rates to climb. The last time the…

Freddie Mac Weekly Mortgage Rate Survey for August 10, 2023

Freddie Mac (8/10/2023): “For the third straight week, mortgage rates continued creeping up and are now just shy of seven percent. There is no doubt continued high rates…

Freddie Mac Weekly Mortgage Rate Survey for July 27, 2023

Freddie Mac (7/27/2023): “Mortgage rates inched up slightly after a significant decline last week. Higher interest rates continue to dampen activity in interest rate-sensitive sectors, such as housing….

Freddie Mac Weekly Mortgage Rate Survey for July 20, 2023

Freddie Mac (7/20/2023): “As inflation slows, mortgage rates decreased this week. Still, the ongoing shortage of previously owned homes for sale has been a detriment to homebuyers looking…

Freddie Mac Weekly Mortgage Rate Survey for July 6, 2023

Freddie Mac (7/6/2023): “Mortgage rates continued their upward trajectory again this week, rising to the highest rate this year so far. This upward trend is being driven by…

Freddie Mac Weekly Mortgage Rate Survey for June 15, 2023

Freddie Mac (6/15/2023): “Mortgage rates decreased slightly this week in anticipation of the pause in rate hikes by the Federal Reserve. As inflation continues to decelerate, economic growth…

Freddie Mac Weekly Mortgage Rate Survey for June 8, 2023

Freddie Mac (6/8/2023): “Mortgage rates decreased after a three-week climb. While elevated rates and other affordability challenges remain, inventory continues to be the biggest obstacle for prospective homebuyers.”…

Freddie Mac Weekly Mortgage Rate Survey for May 25, 2023

From Freddie Mac (5/25/2023): “The U.S. economy is showing continued resilience which, combined with debt ceiling concerns, led to higher mortgage rates this week. Dampened affordability remains an…

Freddie Mac Weekly Mortgage Rate Survey for May 12, 2023

From Freddie Mac (5/12/2023): “This week’s decrease continues a recent sideways trend in mortgage rates, which is a welcome departure from the record increases of last year. While…

Freddie Mac Weekly Mortgage Rate Survey for May 5, 2023

From Freddie Mac (5/5/2023): “This week, mortgage rates inched down slightly amid recent volatility in the banking sector and commentary from the Federal Reserve on its policy outlook….

Freddie Mac Weekly Mortgage Rate Survey for April 27, 2023

From Freddie Mac (4/27/2023): “The 30-year fixed-rate mortgage increased modestly for the second straight week, but with the rate of inflation decelerating rates should gently decline over the…

Freddie Mac Weekly Mortgage Rate Survey for April 20, 2023

From Freddie Mac (4/20/2023): “For the first time in over a month, mortgage rates moved up due to shifting market expectations. Home prices have stabilized somewhat, but with…

Freddie Mac Weekly Mortgage Rate Survey for April 13, 2023

From Freddie Mac (4/13/2023): “Mortgage rates decreased for the fifth consecutive week. Incoming data suggest inflation remains well above the desired level but showing signs of deceleration. These…

Freddie Mac Weekly Mortgage Rate Survey for April 6, 2023

From Freddie Mac (4/6/2023): “Mortgage rates continue to trend down entering the traditional spring homebuying season. Unfortunately, those in the market to buy are facing a number of…

Freddie Mac Weekly Mortgage Rate Survey for March 30, 2023

From Freddie Mac (3/30/2023): “Economic uncertainty continues to bring mortgage rates down. Over the last several weeks, declining rates have brought borrowers back to the market but, as…

Freddie Mac Weekly Mortgage Rate Survey for March 23, 2023

From Freddie Mac (3/23/2023): “Mortgage rates continued to slide down as financial market concerns came to the fore over the last two weeks. However, on the homebuyer front,…

Freddie Mac Weekly Mortgage Rate Survey for March 16, 2023

From Freddie Mac (3/16/2023): “Mortgage rates are down following an increase of more than half a percent over five consecutive weeks. Turbulence in the financial markets is putting…

Freddie Mac Weekly Mortgage Rate Survey for March 9, 2023

From Freddie Mac (3/9/2023): “Mortgage rates continue their upward trajectory as the Federal Reserve signals a more aggressive stance on monetary policy. Overall, consumers are spending in sectors…

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