Category: MortgagePage 4 of 8
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,…
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…
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…
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,…
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…
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…
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…
