Mortgage Rates Drop As Bond Market Sounds An Economic Warning
The average rate for a conforming 30-year mortgage has dropped to 3.73 percent, the lowest rate since May of 2013 when the rate averaged 3.59 percent and 78 basis points…
Top 5 Reasons For Renting, And Factors For Buying A Home
Renting houses is becoming much more popular. This may be because the process is reasonably easier than purchasing a house, and having to access a loan and then pay off…
Mortgage Rates Tick Up, Average 30-Year Rate Above 4 Percent
The average rate for a conforming 30-year fixed-rate mortgage has ticked up from 3.92 to 4.02 percent over the past two weeks but remains 14 basis points below the 4.16…
Mortgage Rates Drop To 16-Month Low
As we expected, the average rate for a conforming 30-year fixed-rate mortgage dropped to its lowest point in over a year, down from 3.97 percent to 3.92 percent over the…
Mortgage Rates Move Higher, Biggest Increase Of The Year
The average rate for a conforming 30-year fixed-rate mortgage jumped from 4.12 to 4.23 percent over the past week, the highest rate since the beginning of May and the biggest…
Little Movement In 30-Year Mortgage Rate
The average rate for a conforming 30-year fixed-rate mortgage ticked up a nominal 2 basis points, from 4.10 percent to 4.12 percent, over the past week. With little movement over…
Benchmark Mortgage Rate Drops To Ten-Month Low
The average rate for a conforming 30-year fixed-rate mortgage has ticked down to 4.10 percent, the lowest rate since October of 2013 when it last dipped to 4.10 percent for…
30-Year Mortgage Rate Drops To 2014 Low
The average rate for a conforming 30-year mortgage ticked down to 4.12 percent over the past week, matching the 2014 low last recorded in May and the lowest rate since…
Freddie Mac Lowers Mortgage Rate Forecast For 2014
Having forecast the average rate for 30-year fixed mortgages would begin rising in the second half of 2014 and end the year at “around 4.6 percent” as of two months…
Freddie Mac: San Francisco Housing Market Is Weak. Here’s Why
According to Freddie Mac’s “Multi-Indicator Market Index,” the U.S. housing market remains weak despite improving employment, declining delinquencies, attractive mortgage rates and home price gains, but conditions have improved year-over-year.…