Freddie Mac: mortgage interest rates rose again last week

Mortgage buyer Freddie Mac said Thursday the average rate on the 30-year, fixed-rate mortgage increased to 4.20% from 4.17% last week.

Mortgage rates rose again despite the Federal Reserves decision not to raise interest rates earlier this week, according to a survey by released Wednesday by loan reseller Freddie Mac.

After weeks of climbing, mortgage interest rates rose for the fourth consecutive week, according to the latest Freddie mac primary mortgage market survey. The 30-year fixed-rate mortgage averaged.

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.

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Mortgage rates fell by 3 basis points to 4.28% in the week ending 21 st March. The latest reversal saw mortgage rates continue to fall to the lowest level since the end of January last year. The.

If you see an attractive rate, you may want to lock it. The average rate on a 30-year fixed-rate mortgage has ticked up to.

In the week following the largest one-week decline in a decade, mortgage interest rates remained virtually stagnant, according to the latest Freddie Mac. the last year and thanks to a spike in.

30-year fixed-rate mortgage (frm) averaged 4.65 percent with an average 0.5 point for the week ending September 20, 2018, up from last week when it averaged 4.60 percent. A year ago at this time, the 30-year FRM averaged 3.83 percent.

Monthly Average Commitment Rate And Points On 30-Year Fixed-Rate Mortgages Since 1971

Fixed-rate mortgages slightly declined during the week ending May 16, according to the results of Freddie Mac’s Primary Mortgage Market Survey. Rates for the 30-year fixed-rate mortgage averaged.

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Rates on 30-year and 15-year mortgages rose this week, a trend that isn’t expected to clip the wings of the housing market, economists said. In its weekly nationwide survey of rates, Freddie Mac reported Thursday that rates on benchmark 30-year, fixed-rate mortgages climbed to 6.32 percent for the week ending June 17, up from 6.30 percent last week.

Freddie Mac said the 15-year fixed-rate mortgage averaged 4.51 percent in the latest week, up from 4.48 percent the prior week. One-year adjustable-rate mortgages, or ARMs, rose to an average of 4.