Mortgage Rates Continued Their Downward Trajectory Last Week
The 30-year fixed-rate mortgage (FRM) continued to trend downward this past week, averaging 6.31%, down slightly from the previous week’s ...
Tag: Freddie Mac
Mortgage Mix: Inflation May Be Slowing Down as Mortgage Rates Drop Slightly
Editor’s Note: The Mortgage Mix is RISMedia’s weekly highlight reel of need-to-know mortgage-industry happenings. Watch for it each Friday afternoon. ...
Mortgage Rates Drop for Fourth Consecutive Week
The latest Primary Mortgage Market Survey® (PMMS®) from Freddie Mac released Thursday shows the 30-year fixed-rate mortgage (FRM) averaging 6.33%, ...
Mortgage Rates Continue Ticking Down
The latest Primary Mortgage Market Survey® (PMMS®), from Freddie Mac released Thursday shows the 30-year fixed-rate mortgage (FRM) averaging 6.49%, ...
FHFA Announces Increases in the 2023 Conforming Loan Limits
The new baseline conforming loan limit value for one-unit properties in 2023 will be $726,200, an increase of $79,000 from ...
Loans in Forbearance Increased Slightly to 0.7% in October
The total number of loans now in forbearance increased by 1 basis point from 0.69% to 0.7% as of October ...
Mortgage Rates Tumble as Data Suggests Inflation May Have Peaked
After a steady climb up and over the 7% mark, the latest mortgage rates tumbled this week on expectations that ...
Mortgage Rates Dip Under 7%
The average 30-year fixed-rate mortgage (FRM) edged down slightly this week to 6.95%, a drop from the previous week’s historic ...
FHFA Announces Targeted Pricing Changes to Fannie Mae and Freddie Mac
The Federal Housing Finance Agency (FHFA) announced in a release that it is making targeted changes to Fannie Mae and ...
Average 30-Year Fixed-Rate Mortgage Surpasses 7%
The average 30-year-fixed mortgage rate rose to its highest level in two decades this week, as inflation persists. Rates jumped ...
6 Key Numbers Buyers Must Examine Before Committing
“The rate should never be treated as a yes-or-no answer,” says Nick Nastos, founder of Chicago’s Property Shop. “I would be more concerned about a buyer closing with no emergency fund than one accepting a slightly higher rate with a manageable payment and cash still in the... Read more.
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