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Renewed First-Time Homebuyer Interest
First-time homebuyers account for 34.5% of home purchases in February, the second monthly increase since their share of the market hit a four-year low of 32.9% in the Campbell/Inside Mortgage Finance Housing Pulse Tracking Survey in December.
posted 3/27/13 6:17 PM read complete story
Housing Stock Rally Buoys Investors
In another sign the financial crunch in the housing market could ease soon, homebuilder shares soared on Wall Street to start the new year. The rally accompanied the Commerce Departmentís November report on construction spending that shows gains in residential
posted 1/3/13 5:03 PM read complete story
Slight Shift In Mortgage Rates
Average fixed mortgage rates edge slightly higher while remaining near their all-time record lows coming off the employment report for September, says Freddie Macís Primary Mortgage Market Survey.
posted 10/12/12 12:24 PM read complete story
Second Week Of Record Low Rates
Average fixed mortgage rates fall to new all-time record lows for the second consecutive week on mortgage securities purchases by the Federal Reserve and indicators of a weakening economy, says Freddie Macís Primary Mortgage Market Survey. The Federal Reserve's purchase of long-term fixed mortgage securities allowed the 15-year fixed-rate
posted 10/5/12 10:15 AM read complete story
All-Time Low For 30-Year Fixed
Fixed mortgage rates break their previous average record lows, Freddie Macís Primary Mortgage Market Survey says. All mortgage products, except the 5-year ARM, averaged new record lows.
posted 9/28/12 10:48 AM read complete story
Rates Return To Record Lows
Following a brief upward swing, fixed mortgage interest rates fall to at or near their all-time record lows helping to keep homebuyer affordability high, says Freddie Macís Primary Mortgage Market Survey. The average 30-year fixed rate mortgage matched its all-time
posted 9/21/12 10:09 AM read complete story
Mortgage Rates Hold Steady
Fixed mortgage rates hold steady from the previous week and remaining near their all-time lows, says Freddie Macís Primary Mortgage Market Survey. The average 30-year fixed-rate mortgage has been below 4% all but once this year and the average 15-year fixed, a popular choice among refinance borrowers, has been below 3% percent since the
posted 9/14/12 12:46 PM read complete story
Mortgage Rates Change Little
Fixed mortgage rates decline or remain the same from the previous week amid mixed economic data, and they continue to hover around their all-time record lows, says Freddie Macís Primary Mortgage Market Survey.
posted 9/7/12 11:44 AM read complete story
Mortgage Rates Move Higher Again
Fixed mortgage rates follow long-term Treasury yields higher amid continued positive data on the housing market, says Freddie Macís Primary Mortgage Market Survey. This marks the fourth straight week of fixed mortgage rates gradually moving higher.
posted 8/24/12 11:33 AM read complete story
Existing Home Prices, Sales Up In July
Fewer homes for sale pushed up prices in July while generating more sales. Existing home sales increased 2.3% to a 4.47 million annual rate while the average price of a new home rose 9.4% to $187,300 from a year earlier, says the National Association of Realtors.
posted 8/22/12 5:05 PM read complete story
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