Mortgage Rates Drop to 37 Year Lows
In response to the Federal Reserve’s cut in the federal funds rate to near zero, Freddie Mac reports that the 30-year fixed mortgage rate fell to 5.17% during the week...
continue readingMortgage Rates Fall to 4 Year Lows
Freddie Mac reports a decline in the 30-year fixed mortgage rate to 5.47% during the week ended Dec. 11 from 5.53% the prior week and 6.11% a year ago. Some...
continue readingMortgage Rates Fall Again, Now VERY Low
Freddie Mac’s Primary Mortgage Market Survey showed that the 30-year fixed-rate mortgage (FRM) averaged 5.53% with an average 0.7 point for the week ending December 3, 2008, down from the...
continue readingMortgage Rates Continue Historic Fall
This graph show it all. Mortgage rates are slamming downward past the historic lows already posted this past September. The fixed-rate 30 year mortgage is hovering around 5.41% and the...
continue readingMortgage Rates Absolutely Plunge
In what was the largest 1 day drop in more than seven years, the average mortgage rate for a 30-year fixed mortgage fell to about 5.50% last night after starting...
continue readingMortgage Rates Continue to Soften
Freddie Mac reports a drop in the 30-year fixed mortgage rate to 6.04% during the week ended Nov. 20 from 6.14% the prior week. During the same period, interest on...
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