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Articles Recently Tagged: Primary Mortgage Market Survey

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Mortgage Rates Tick Up From 20-Month Lows

Mortgage Rates Tick Up From 20-Month Lows

Having dropped to a 20-month low of 3.63 percent last week, the average rate for a conforming 30-year mortgage has ticked back up to 3.66 percent but remains 66 basis points below the 4.32 percent average rate at the same time last year. Averaging 6.7 percent over the past... Read More »

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 below the 4.51 percent average rate at the same time last year. While the Federal Reserve is expected to... Read More »

Mortgage Rates Back Below 4 Percent, Lowest Since Mid-2013

Mortgage Rates Back Below 4 Percent, Lowest Since Mid-2013

Having ticked up to just over 4 percent last month, the average rate for a conforming 30-year fixed-rate mortgage has dropped to 3.89 percent, the lowest level since May 2013 and 57 basis points below the 4.46 percent rate at the same time last year. Averaging around 6.7 percent... Read More »

Mortgage Rates Drop, but Set to Start Ticking up This Year?

Mortgage Rates Drop, but Set to Start Ticking up This Year?

According to Freddie Mac’s latest Primary Mortgage Market Survey, 30-year fixed-rate mortgage rates averaged 3.34 percent (with 0.7 points) last week versus 3.91 percent a year ago, down from 3.35 percent at the end of 2012 and within a few basis points of a 3.31 percent all-time low. The... Read More »