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 released the results of its Primary Mortgage Market Survey (PMMS ), showing average fixed mortgage rates rising amid continued market expectations of a possible rate increase by the Federal Reserve and following a stronger than expected jobs report.
According to the latest data released Thursday by Freddie Mac, the 30-year fixed-rate average. last week’s stronger-than-expected employment report would push mortgage rates higher. A strong jobs.
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Mortgage rates moved up again this week, according to data released Thursday, reacting to recent speculation in the market that a Federal Reserve-imposed interest rate increase could. released.
· Attributed to Len Kiefer, deputy chief economist, Freddie Mac. "Mortgage rates rose this week following strong economic data. The economy added 257,000 new jobs in.
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· Click to Enlarge (Source: Freddie Mac) The 30-year fixed-rate mortgage increased to 3.45% for the week ending in August 11, 2016. This is up two basis points . . .
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Freddie Mac has released the results of its Primary Mortgage Market Survey (PMMS), showing average fixed mortgage rates moving higher amid a strong employment report. Regardless, fixed-rate mortgages rates still remain near their May 23, 2013 lows. This week, the 30-year fixed-rate mortgage (FRM) averaged 3.69 percent with an average 0.6 point for the week ending Feb. 12, 2015, up from last.
"The average 30-year fixed-rate mortgage rose to 3.86 percent for this week following a strong labor market report, essentially bring rates back to where they were at the start of the year.
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"Mortgage rates rose this week following strong economic data pdf. The economy added 257,000 new jobs in January after robust increases of 329,000 in December and 423,000 in November. The economy added 257,000 new jobs in January after robust increases of 329,000 in December and 423,000 in November.
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Due to healthy home sales data so far in 2019, as well as low mortgage rates and a strong job market, expect total home sales to surpass 2018 levels and reach 5.98 million units in 2019.
· "The average 30-year fixed-rate mortgage rose to 3.86 percent for this week following a strong labor market report, essentially bring rates back to where they were at the start of the year.