Freddie Mac: Mortgage rates remain steady after sudden drop

WASHINGTON (AP) – U.S. long-term mortgage rates barely budged this week after marking the biggest drop in nearly four years a week earlier. Home borrowing rates remain much higher than they were a.

U.S. long-term mortgage rates barely budged this week after marking the biggest drop. remain much higher than they were a year ago. Mortgage giant freddie mac said Thursday the average rate on the.

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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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U.S. mortgage rates drop after three-week hold. Please Sign In and use this article’s on page print button to print this article.

After remaining mostly unchanged for a month, the average mortgage loan interest rates decreased this week according to Freddie Mac survey results. For the week ending Feb. 28, 2013, the 30-year fixed rate for mortgages averaged 3.51 percent with a 0.8 point average, down from last week’s 3.56 percent average.

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Freddie Mac says one concern is that a sudden rate spike could virtually eliminate it. They cite as an example, a 2-percentage point jump in the 30-year rate that occurred from the third to the.

MCLEAN, VA–(Marketwired – Mar 22, 2018) – Freddie Mac (OTCQB: FMCC) today released the results of its Primary Mortgage Market Survey (PMMS ), showing little change to mortgage rates after falling for the first time in 2018 last week.News Facts. 30-year fixed-rate mortgage (FRM) averaged 4.45 percent with an average 0.5 point for the week ending March 22, 2018, up from last week when it.

Freddie Mac has released the results of its Primary Mortgage market survey (pmms), showing that the 30-year fixed-rate mortgage (FRM) dropped slightly after weeks of steady increases, averaging 4.85 percent with an average 0.5 point for the week ending Oct. 18.This total is down from last week when it averaged 4.90 percent.

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Mortgage Rates Remain Steady. by Coos Bay Properties . New data from Freddie Mac states that mortgage rates stayed around the same this week. The 30-year, fixed-rate mortgage for last week averaged 4.51%, up from 3.40% last year, and down 0.2% from the week prior, while the average 15-year.