In the years that followed the 2008 housing disaster which affected global economies in collective, millions of American homeowners and homebuyers have benefited from historic low mortgage interest rates.The Federal Reserve’s efforts to raise the economy became a major driver in keeping this Read more
Mortgage Rates Steady – For Now
After falling for two consecutive weeks, mortgage interest rates remain steady, in tune with the 10-year Treasury yield for the week ending August 3, 2017. The 30-year fixed-rate (FRM) average rose slightly by 1 basis point.The Report According to the latest Freddie Mac Primary Mortgage Read more
Rates Dipped Slightly Below 4 Percent Mark
After the 30-year fixed-rate mortgage cleared the 4 percent mark for the first time since May last week, the latest Freddie Mac Primary Mortgage Market Survey reported another dip, with the 30-year FRM falling slightly just below 4 percent mark to 3.96 percent for the week ending July 20,2017. The Read more
PMMS: Rates Drop for Second Consecutive Week
For the second week straight, mortgage interest rates declined, according to the latest Freddie Mac Primary Mortgage Market Survey. The report has shown the 10-year Treasury yield rise by 5 basis points for the week ending July 27, 2017 while the 30-year fixed-rate mortgage dropped by 4 basis points Read more
Mortgage Rates Finally Jump
Finally, after weeks of defying market expectations, mortgage rates hiked, following a global increase in interest rates. The 10-year Treasury yield increased by 10 basis points at the end of a holiday-shortened week, according to Freddie Mac’s latest Primary Mortgage Market Survey. The Report Read more
