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Most housing market analysts expected mortgage interest rates to at least hit the magic 4% level if not surpass it in the first week of the new year.
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.
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 Department’s November report on construction spending that shows gains in residential
Average fixed mortgage rates edge slightly higher while remaining near their all-time record lows coming off the employment report for September, says Freddie Mac’s Primary Mortgage Market Survey.
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 Mac’s Primary Mortgage Market Survey. The Federal Reserve's purchase of long-term fixed mortgage securities allowed the 15-year fixed-rate
Fixed mortgage rates break their previous average record lows, Freddie Mac’s Primary Mortgage Market Survey says. All mortgage products, except the 5-year ARM, averaged new 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 Mac’s Primary Mortgage Market Survey. The average 30-year fixed rate mortgage matched its all-time
Fixed mortgage rates hold steady from the previous week and remaining near their all-time lows, says Freddie Mac’s 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
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 Mac’s Primary Mortgage Market Survey.
Fixed mortgage rates follow long-term Treasury yields higher amid continued positive data on the housing market, says Freddie Mac’s Primary Mortgage Market Survey. This marks the fourth straight week of fixed mortgage rates gradually moving higher.
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Dear Valued Customers,
We regret to announce that ProEdTech LLC and all its affiliate brands will cease operations on April 1, 2019.
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The ProEdTech Team