Category: MortgagePage 3 of 8
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…
Freddie Mac (9/8/2023): “For the fourth consecutive week, the 30-year fixed-rate mortgage hovered above seven percent. The economy remains buoyant, which is encouraging for consumers. Though while inflation has…
Freddie Mac (8/24/2023): “This week, the 30-year fixed-rate mortgage reached its highest level since 2001 and indications of ongoing economic strength will likely continue to keep upward pressure…
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 (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 (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 (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…
