Following four consecutive weeks of sharp declines, Freddie Mac reports an increase in the 30-year fixed mortgage rate to 5.68% during the week ended Jan. 31 from 5.48% the prior...
Housing industry observers are hopeful that the recent decline in mortgage rates will lead to a recovery in the overall housing market. Freddie Mac reports that interest on 30-year fixed...
It appears that Christmas has come a month late! Long-term mortgage rates remain in a downward pattern, registering the third week in a row of declining interest. According to Freddie...
Spurred in part by unexpectedly weak economic data that could signal an impending recession, borrowing costs on long and short-term home loans dipped during the past week. Freddie Mac's statistics...
Freddie Mac reports that 30-year fixed mortgages averaged 6.11% on Friday, an increase from the week-ago rate of 5.96%. Until this past week, interest on 30-year loans had either been...
Concerns that a severe housing downturn and prolonged credit crisis could rattle consumer confidence and hurt the broader economy contributed to a sharp drop in mortgage rates last week, according...