Tag Archive: freddie mac

Mortgage Rates Tick Down

February 1, 2024 Although affordability continues to impact homeownership, the combination of a solid economy, strong demographics and lower mortgage rates are setting the stage for a more robust housing market. Mortgage rates have been stable for nearly two months, but with continued deceleration in inflation, rates are expected to ...

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Today’s update on the 30-year Fixed Rate Mortgage Average

Mortgage Interest Rates Update 📈🏠 As the new year began, mortgage interest rates remained almost unchanged. Following a gradual decline over 9 weeks, rates experienced a slight uptick from 6.61% to 6.62%. This minimal weekly change translates to just a $2 increase in the typical monthly payment for a $400,000 ...

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Mortgage Rates Increase Slightly

February 9, 2023 Freddie Mac Primary Mortgage Market Survey 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 continues to hover close to six percent, and interested homebuyers are easing their way back to the ...

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Why Waiting to Purchase a Home Will Cost You

Two Reasons Why Waiting To Buy a Home Will Cost You By Michael Mahoney | Realtor with Century 21 American Properties | 617-615-9435 If you’re a homeowner who’s decided your current house no longer fits your needs, or a renter with a strong desire to become a homeowner, you may ...

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Mortgage Rates Remain Relatively Flat

Mortgage Rates Remain Relatively Flat Mortgage rates continue to remain stable notwithstanding volatility in the financial markets. The consistency of rates in the face of changes in the economy is primarily due to the evolution of the pandemic, which lingers and continues to pose uncertainty. This low mortgage rate environment ...

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Mortgage Rates Remain Flat According to Freddie Mac

Mortgage Rates Remain Flat Freddie Mac reports each Thursday on mortgage rates and comments on rate movement. “Mortgage rates remain at record lows, resisting their typical correlation to Treasury yields, which have recently been moving higher. Mortgage spreads – the difference between mortgage rates and the 10-year Treasury rate – ...

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