Category: MortgagePage 5 of 8
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…
From Freddie Mac (10/13/2022): “Rates resumed their record-setting climb this week, with the 30-year fixed-rate mortgage reaching its highest level since April of 2002. We continue to see…
From Freddie Mac (10/6/2022): “Mortgage rates decreased slightly this week due to ongoing economic uncertainty. However, rates remain quite high compared to just one year ago, meaning housing…
From Freddie Mac: “The housing market continues to face headwinds as mortgage rates increase again this week, following the 10-year Treasury yield’s jump to its highest level since…
From Freddie Mac: “Mortgage Rates Exceed Six Percent for the First Time Since 2008 September 15, 2022 Mortgage rates continued to rise alongside hotter-than-expected inflation numbers this week,…
Freddie Mac (9/8/2022): “Mortgage rates rose again as markets continue to manage the prospect of more aggressive monetary policy due to elevated inflation. Not only are mortgage rates…
Freddie Mac (9/1/2022): “The market’s renewed perception of a more aggressive monetary policy stance has driven mortgage rates up to almost double what they were a year ago….
Freddie Mac (8/25/22): “The combination of higher mortgage rates and the slowdown in economic growth is weighing on the housing market. Home sales continue to decline, prices are…
From Freddie Mac (7/21/2022): “The housing market remains sluggish as mortgage rates inch up for a second consecutive week. Consumer concerns about rising rates, inflation, and a potential…
From Freddie Mac (7/14/2022): “Mortgage rates are volatile as economic growth slows due to fiscal and monetary drags. With rates the highest in over a decade, home prices…
From Freddie Mac (7/7/2022): “Over the last two weeks, the 30-year fixed-rate mortgage dropped by half a percent, as concerns about a potential recession continue to rise. While…
From Freddie Mac (6/30/2022): “The rapid rise in mortgage rates has finally paused, largely due to the countervailing forces of high inflation and the increasing possibility of an…
From Freddie Mac (6/23/2022): “Fixed mortgage rates have increased by more than two full percentage points since the beginning of the year. The combination of rising rates and…
From Freddie Mac (6/16/2022): “Mortgage rates surged as the 30-year fixed-rate mortgage moved up more than half a percentage point, marking the largest one-week increase in our survey…
US credit card debt and annual percentage rates are near all-time highs. Inflation hit a 40-year high (again) in May. Meanwhile, the personal savings rate in the US…
From Freddie Mac (6/9/2022): “After little movement the last few weeks, mortgage rates rose again on the back of increased economic activity and incoming inflation data. The housing…
ARIZONA HOMEOWNERS AND HOMEBUYERS: LET ME HELP YOU ON YOUR NEXT FHA OR VA MORTGAGE! Here are the highlights of my government loan programs. Call or message me…
From Freddie Mac (6/2/2022): “Mortgage rates continued to inch downward this week but are still significantly higher than last year, affecting affordability and purchase demand. Heading into the…
