WASHINGTON (2/6/15)–After edging up the week prior, average fixed-mortgage rates fell back near their May 2013 lows this week, according to numbers from Freddie Mac. The 30-year fixed-rate mortgage rate averaged 3.59% for the week ending Feb. 5, down from 3.66% the week prior (housingwire.com Feb. 5). A year ago, the 30-year fixed-rate.
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Fixed mortgage rates dropped even more this week, continuing the trend in reaching new record lows this year, Freddie Mac reports in its weekly mortgage market survey. The 30-year fixed-rate mortgage averaged 3.94 percent this week while 15-year rates sank to 3.21 percent – both all-time lows from their previous record lows set on Oct. 6.
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3 days ago. Mortgage rates moved higher after remaining at around the same level. partly due to optimism around a forthcoming cut in short term interest rates, advantage of the multi-year low rates in droves, which is evident in the. Housing Research group, do not necessarily represent the views of. Read More.
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NEW YORK (Reuters) – Interest rates on U.S. 30-year, 15-year fixed-rate mortgages fell to their lowest in over 13 months as bond yields have decreased on worries about a slowing economy and U.S.
It turns out there isn't just one reason for the feeling that housing is out of reach- there are multiple reasons. We'll examine some of the leading candidates to see whether. slightly in recent years, but the relationship is still clear (exhibit 3).. borrowers with low credit scores find it harder to qualify for a.
· If you’re going to refinance, do it now, many mortgage experts say. Why? Because interest rates are near historic lows, and while it’s possible they could go lower, it’s also possible rates will begin creeping up.On Jan. 29, Freddie Mac reported that the average rate for a 30-year fixed mortgage was 3.66 percent.
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Soaring inventory in Southern California: Homes available for sale soar by 37 percent on a year-over-year basis. The plastic nature of SoCal’s housing market.
Freddie Mac has officially declared. dominated market the industry has seen since 2000 and an end to the refinance boom that started in late 2008. In this time we saw fixed mortgage rates hit.
The share of mortgage lending to minority borrowers fell to at least a 14-year low as. Fannie Mae and Freddie Mac, amended its loan buyback rules earlier this year. The mortgage disclosure data.