Category: MortgagePage 4 of 8

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…

Freddie Mac Weekly Mortgage Rate Survey for March 2, 2023

From Freddie Mac (3/2/2023): “As we started the year, the 30-year fixed-rate mortgage decreased with expectations of lower economic growth, inflation and a loosening of monetary policy. However,…

Freddie Mac Weekly Mortgage Rate Survey for February 23, 2023

From Freddie Mac (2/23/2023): “The economy continues to show strength, and interest rates are repricing to account for the stronger than expected growth, tight labor market, and the…

Freddie Mac Weekly Mortgage Rate Survey for February 16, 2023

From Freddie Mac (2/16/2023): “Mortgage rates moved up for the second consecutive week. The economy is showing signs of resilience, mainly due to consumer spending, and rates are…

Freddie Mac Weekly Mortgage Rate Survey for February 9, 2023

From Freddie Mac (2/9/2023): “Following an interest rate hike from the Federal Reserve and a surprisingly strong jobs report, mortgage rates increased slightly this week. The 30-year fixed-rate…

Freddie Mac Weekly Mortgage Rate Survey for February 2, 2023

From Freddie Mac (2/2/2023): “Mortgage rates inched down again, with the 30-year fixed-rate down nearly a full point from November, when it peaked at just over seven percent….

Freddie Mac Weekly Mortgage Rate Survey for January 26, 2023

From Freddie Mac (1/26/2023): “Mortgage rates continue to tick down and, as a result, home purchase demand is thawing from the months-long freeze that gripped the housing market….

Freddie Mac Weekly Mortgage Rate Survey for January 19, 2023

From Freddie Mac (1/19/2023): “As inflation continues to moderate, mortgage rates declined again this week. Rates are at their lowest level since September of last year, boosting both…

Freddie Mac Weekly Mortgage Rate Survey for January 12, 2023

From Freddie Mac (1/12/2023): “While mortgage rates have resumed their decline, the market remains hypersensitive to rate movements, with purchase demand experiencing large swings relative to small changes…

Freddie Mac Weekly Mortgage Rate Survey for January 5, 2023

From Freddie Mac (01/05/2022): “Mortgage application activity sunk to a quarter-century low this week as high mortgage rates continue to weaken the housing market. While mortgage market activity…

Freddie Mac Weekly Mortgage Rate Survey for December 29, 2022

From Freddie Mac (12/29/2022): “The housing market remains in the doldrums with declining sales, inventory and prices. The declines in sales and deceleration in home prices began swiftly…

Freddie Mac Weekly Mortgage Rate Survey for December 8, 2022

From Freddie Mac (12/8/2022): “Mortgage rates decreased for the fourth consecutive week, due to increasing concerns over lackluster economic growth. Over the last four weeks, mortgage rates have…

Freddie Mac Weekly Mortgage Rate Survey for December 1, 2022

From Freddie Mac (12/1/2022): “Mortgage rates continued to drop this week as optimism grows around the prospect that the Federal Reserve will slow its pace of rate hikes….

Freddie Mac Weekly Mortgage Rate Survey for November 24, 2022

From Freddie Mac (11/24/2022): “Mortgage rates continued to tick down heading into the Thanksgiving holiday. In recent weeks, rates have hit above seven percent only to drop by…

Freddie Mac Weekly Mortgage Rate Survey for November 10, 2022

From Freddie Mac (11/10/2022): “As the housing market adjusts to rapidly tightening monetary policy, mortgage rates again surpassed seven percent. The housing market is the most interest-rate sensitive…

Freddie Mac Weekly Mortgage Rate Survey for November 3, 2022

From Freddie Mac (11/03/2022): “Mortgage rates continue to hover around seven percent, as the dynamics of a once-hot housing market have faded considerably. Unsure buyers navigating an unpredictable…

Freddie Mac Weekly Mortgage Rate Survey for October 27, 2022

From Freddie Mac (10/27/2022): “The 30-year fixed-rate mortgage broke seven percent for the first time since April 2002, leading to greater stagnation in the housing market. As inflation…

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