Freddie Mac: Mortgage rates decline again
Shares of mortgage finance giants Fannie Mae (NASDAQOTH:FNMA) and Freddie Mac (NASDAQOTH:FMCC) are dropping again today, down by 11% and 9%, respectively, as of 11 a.m. EST.
Mortgage rates today, January 18, 2019, plus lock recommendations Daily Rate Lock Advisory Mort Mkt Wk Review Dana Bain May 13th, 2019 home price index. today’s only mortgage-rate relevant event will come this afternoon when the Fed releases the minutes of their last fomc meeting. traders will be looking for how Fed members voted during the last meeting.
· Mortgage interest rates have fallen for the fourth week in a row to match the one-year low set at the end of March, giving way to an uptick in purchase demand, according to the latest Freddie Mac Primary mortgage market survey. The 30-year fixed-rate mortgage averaged 4.06% for the week ending May 23, 2019, down from last week’s rate of [.]
Mortgage Rates Drop Again. 30-year fixed-rate mortgage (FRM) averaged 3.89 percent with an average 0.4 point for the week ending August 17, 2017, down from last week when it averaged 3.90 percent. A year ago at this time, the 30-year FRM averaged 3.43 percent. 15-year FRM this week averaged 3.16 percent with an average 0.5 point,
“Mortgage rates remained mostly unchanged this week, while mortgage applications rose 5.3 percent from the previous week,” says Sam Khater, chief economist for Freddie Mac, in a statement. “The.
WASHINGTON (AP) – US long-term mortgage rates went down for a second straight week, reversing the upward trend in April. Mortgage buyer Freddie Mac said Thursday that the average rate on the 30-year fixed-rate mortgage fell from 4.14 percent last week to 4.1 percent. By contrast, a year ago the benchmark rate stood at 4.55 percent.
Sam Khater, Freddie Mac’s chief economist, says, "The real estate market is thawing in response to the sustained decline in mortgage rates and rebound in consumer confidence – two of the.
Mortgage Rates Head Up Again – 30-Year At 3.81% By florida realtors freddie mac economist: continued improvement in consumer spending and optimism over an expected Fed cut of short-term interest rates helped spark the increase.
UK mortgage rates fall to record low as approvals continue to climb · Houses continuing to fall in value havent created enough equity for recent buyers to refi, and the probably have a rate too low to make it worth the cost. The federal funds rate has been low for more than two years. That explains supply. The only reason mortgage rates are falling is because loan demand is so low.
The 30-year fixed mortgage averaged 4.06 percent for the week ending May 23, down from 4.07 percent the previous week.
Mortgage agency freddie mac slashes its rate forecast for 2019-2020 Freddie Mac is one of the leading sources for rate forecasts in the U.S. So when it cuts its rate prediction by 1%, consumers.
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U.S. mortgage rates end 2018 year with another slight decline.
The flat week left 30-year rates close to the lowest level since late 2016 according to figures released by Freddie Mac..