Category Archives: Interest Rates
Mortgage Rates Flat
Freddie Mac’s August 8 release of the results of its Primary Mortgage Market Survey® (PMMS®) shows average fixed mortgage rates changing little since last week. Spiking more than a full percentage point since early May, the average 30-year fixed-rate mortgage has seesawed week-to-week, while remaining below its recent high of 4.51 percent in mid-July.
Mortgage Rates Edge Up Again
Mortgage Rates Ease Down
Mortgage Rates Ease
Mortgage Rates Trend Higher
Mortgage Rates Dip Slightly
Mortgage Rates Jump Up
Freddie Mac’s June 27 release of results of its Primary Mortgage Market Survey® (PMMS®) shows average fixed mortgage rates jumping along with bond yields amid recent Fed remarks that it could begin tapering its bond purchases later this year. The average 30-year fixed-rate mortgage rose from 3.93 percent last week to 4.46 percent this week; the highest it has been since the week of July 28, 2011. This represents the largest weekly increase for the 30-year fixed since the week ended April 17, 1987.
Mortgage Rates Dip a Bit
Mortgage Rates Still Climbing
Freddie Mac released the June 13 results of its Primary Mortgage Market Survey® (PMMS®), showing fixed mortgage rates continuing to climb. Since last month, the 30-year fixed-rate mortgage has increased over half a percentage point. Yet mortgage rates are coming off all-time record lows, which is helping to keep homebuyer affordability high.






