Freddie Mac: mortgage interest rates rose again last week

Freddie Mac’s Mortgage Rate Survey Explained. Research Note: Freddie Mac’s primary mortgage market survey (PMMS) is the longest running weekly survey of mortgage interest rates in the United States. Since Freddie Mac launched its survey in 1971, others have begun collecting and reporting mortgage rate information.

Freddie Mac reported that last weeks’ rates for a 30-year fixed mortgage were up to 4.99 percent from 4.96 percent the week prior. This rate is before points and is for buyers who show exemplary credit and put 20 percent down on their mortgage.

Mortgage rates continued to rise in the week ending 25 th April. 30-year fixed rates rose by 3 basis. by 3 basis points from last year’s 3.74%. The average fee increased from 0.3 points to 0.4.

The national average interest rate on the benchmark 30-year, fixed-rate loan was down to 4.81% this week, compared with last week’s 4.83% and 5.05% one year ago, according to Freddie Mac’s.

 · According to the latest data released Thursday by Freddie Mac, the 30-year fixed-rate average slipped to 4.14% with an average 0.5 point. (Points are fees paid to a lender equal to 1% of the loan amount and are in addition to the interest rate.) It was 4.20% a week ago and 4.55% a year ago.

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 · Mortgage buyer Freddie Mac said Thursday the average rate on the 30-year, fixed-rate mortgage dropped to 4.14% from 4.20% last week. By contrast,

Mortgage rates rose slightly for the second consecutive week, but should remain low for the foreseeable future, which will aid the purchase market, according to Freddie Mac. mortgage rates forecast Glenn McCullom April 11

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Mortgage buyer Freddie Mac says the average rate on the benchmark 30-year mortgage fell to 3.73% from 3.84% last week. By contrast, a year ago the rate stood at 4.55%. The average rate for 15-year, fixed-rate home loans slipped this week to 3.16% from 3.25%.

Do I Need To Re-Fi My 30 Year Mortgage? If you and your family have resolved to purchase a new house in the new year, you should be encouraged by a recent report from Freddie Mac. In the last full week of December, the government-sponsored mortgage corporation released the results of its Primary Mortgage Market Survey, which showed mortgage rates had continued their two-month decline, and were ending the year on a.

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 · According to the latest data released Thursday by Freddie Mac, the 30-year fixed-rate average climbed to 4.41 percent with an average 0.5 point. (Points are fees paid to a lender equal to 1.

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