Fixed mortgage rates hit 50-year lows: Freddie Mac

MCLEAN, Va., May 17, 2012 — Freddie Mac (OTC: FMCC) today released the results of its primary mortgage market survey® (PMMS®), showing average fixed mortgage rates again hitting new record lows.

June 17, 2016. Freddie Mac has released a new report showing that mortgage rates have hit their lowest point in a three-year period. Rates for a 30-year fixed mortgage are now 3.54 percent, the lowest they have been since May 2013 when they dropped to 3.51 percent. This is still above the all-time low that the industry saw in November 2012 when rates hit 3.31 percent.

 · US mortgage rates continue to fall as nearly 100,000 non-farm jobs were lost in September. With Freddie Mac announcing an average 30 year fixed-rate of 4.19 percent, and 15 year fixed-rate loans at 3.62 percent, home lending rates are more affordable than ever. See the following article from HousingWire for more on this.

WASHINGTON ( TheStreet) — Freddie Mac ( FMCC) announced on Thursday that according to its market survey, interest rates for 30-year and 15-year fixed-rate mortgage loans hit their all-time lows.

The 30-year, fixed-rate mortgage hit lows not seen in five decades this week as the Federal Reserve committed to keeping the federal funds rate low through 2013, according to the Freddie Mac.

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Mortgage rates marginally decreased after a slight uptick last week, the latest Freddie Mac Primary Mortgage Market Survey found. The average 30-year, fixed-rate mortgage averaged. The 1-year.

The average for 30-year, fixed-rate home loans hit a record low this week, the most affordable in more than 50 years, according to the weekly survey by mortgage giant Freddie Mac. Thirty-year.

Current mortgage rates on fixed 15 year conforming mortgage loans hit a low of 3.74%, down from the previous week’s 15 year mortgage rate of 3.78%. Adjustable mortgage rates are also lower in last week’s mortgage rate survey.

The average rate on five-year adjustable home loans decreased by 3 basis points to 3.88 percent. It was a quarter point higher than a year earlier, Freddie Mac data showed.

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 · Fifteen-year fixed-rate mortgages fell .5 points from last week to 3.46%, and dropped from 4.06% year-over-year.

Freddie Mac’s forecast shows that mortgage originations in the third quarter will increase by $60 billion, or 11%, over the second quarter. But Freddie Mac cautions that originations will calm.

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Freddie Mac: Fixed-Rate Mortgages Hit a New Year-To-Date Low May 19 – Freddie Mac (OTC: FMCC) has released the results of its Primary Mortgage Market Survey, which shows fixed-rate mortgages declining for the fifth consecutive week amid mixed economic and housing data.

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