Category: MortgagePage 3 of 8
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…
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 (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 (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.”…
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…
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…
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….
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…
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…
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…
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…
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…
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,…
