Recession worries cause mortgage rates to cool
Recession worries cause mortgage rates to cool
The 30-year average decreased for the second week in a row but still is almost 2% higher than its year-end 2021 level.
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The 30-year average decreased for the second week in a row but still is almost 2% higher than its year-end 2021 level.
The 30-year average decreased for the second week in a row but still is almost 2% higher than its year-end 2021 level.
PMMS shows the 30-year fixed-rate mortgage is 5%.
PMMS shows the 30-year fixed-rate mortgage is 5%.
Analysis and Data
Freddie Mac: Mortgage Rates Jumped Last Week
Doug Page
Jul 14, 2022
30-year fixed mortgage moves up to 5.51%
In a possible signal of what might be coming, given that inflation is now 9.1%, the 30-year, fixed-rate mortgage jumped 5.51% last week, up from 5.3%, according to Freddie Macβs ...
Analysis and Data
Freddie Mac: Mortgage Rates Jumped Last Week
Doug Page
Jul 14, 2022
30-year fixed mortgage moves up to 5.51%
In a possible signal of what might be coming, given that inflation is now 9.1%, the 30-year, fixed-rate mortgage jumped 5.51% last week, up from 5.3%, according to Freddie Macβs ...
Analysis and Data
Freddie Mac: Mortgage Rates Inch Downward Again
David Krechevsky
Jun 02, 2022
Housing market is normalizing as summer approaches.
Mortgage rates continued to decline this week, but remain much higher than last year, according to the latest weekly survey released today by Freddie Mac.
Acc...
Analysis and Data
Freddie Mac: Mortgage Rates Inch Downward Again
David Krechevsky
Jun 02, 2022
Housing market is normalizing as summer approaches.
Mortgage rates continued to decline this week, but remain much higher than last year, according to the latest weekly survey released today by Freddie Mac.
Acc...
Purchase mortgage rates jumped 14 basis points reversing a three-week trend of declining rates, according to the latest Freddie Mac PMMS.
The post Purchase mortgage rates jump to 5.23% Freddie Mac PMMS shows appeared first on HousingWire.
Purchase mortgage rates jumped 14 basis points reversing a three-week trend of declining rates, according to the latest Freddie Mac PMMS.
The post Purchase mortgage rates jump to 5.23% Freddie Mac PMMS shows appeared first on HousingWire.
CNBCβs Diana Olick says recent mortgage rate volatility has caused monthly mortgages to spike $1,800 from pre-pandemic levels.Β Click on the image below to watch the report. Click here to watch at CNBC.com. Click here to see the current interest rates. Β
The post High Mortgage Rates Cause Avg Mortgage Payments to Spike by $1,800 appeared first on Real Estate Investing Today.
CNBCβs Diana Olick says recent mortgage rate volatility has caused monthly mortgages to spike $1,800 from pre-pandemic levels.Β Click on the image below to watch the report. Click here to watch at CNBC.com. Click here to see the current interest rates. Β
The post High Mortgage Rates Cause Avg Mortgage Payments to Spike by $1,800 appeared first on Real Estate Investing Today.
The U.S. 30-year fixed-rate mortgage averaged 5.78% for the week ending June 16,Β according to data released by Freddie Mac on Thursday. Thatβs up 55 basis points from the previous weekβone basis point is equal to one hundredth of a percentage point. The average rate on the 15-year fixed-rate mortgage rose 43bp over the past week to 4.81%. The 5-year Treasury-indexed hybrid adjustable-rate mortgage averaged 4.33%, up 21bp from the prior week. βMortgage rates surged as the 30-year fixed-rat...
The U.S. 30-year fixed-rate mortgage averaged 5.78% for the week ending June 16,Β according to data released by Freddie Mac on Thursday. Thatβs up 55 basis points from the previous weekβone basis point is equal to one hundredth of a percentage point. The average rate on the 15-year fixed-rate mortgage rose 43bp over the past week to 4.81%. The 5-year Treasury-indexed hybrid adjustable-rate mortgage averaged 4.33%, up 21bp from the prior week. βMortgage rates surged as the 30-year fixed-rat...
With mortgage interest rates hovering around 5.5%, the mortgage refinance business has plummeted, causing massive layoffs nationwide. Here's what's happening in Phoenix.
With mortgage interest rates hovering around 5.5%, the mortgage refinance business has plummeted, causing massive layoffs nationwide. Here's what's happening in Phoenix.
The rollercoaster continues for mortgage rates. After falling 40 basis points last week to 5.30%, purchase mortgage rates climbed back up this week to 5.50%, according to Freddie Mac.
The post Purchase mortgage rates shoot back up to 5.50% appeared first on HousingWire.
The rollercoaster continues for mortgage rates. After falling 40 basis points last week to 5.30%, purchase mortgage rates climbed back up this week to 5.50%, according to Freddie Mac.
The post Purchase mortgage rates shoot back up to 5.50% appeared first on HousingWire.
Single-family home and condominium sales dropped 34.4% and 19.3%, respectively, in September, compared to the same month last year.
Single-family home and condominium sales dropped 34.4% and 19.3%, respectively, in September, compared to the same month last year.