Freddie Mac: Mortgage rates barely waver, move lower

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MCLEAN, VA–(Marketwired – Jan 12, 2017) – Freddie Mac (OTCQB: FMCC) today released the results of its Primary Mortgage Market Survey (PMMS ), showing average mortgage rates moving lower for the second consecutive week.News Facts. 30-year fixed-rate mortgage (FRM) averaged 4.12 percent with an average 0.5 point for the week ending January 12, 2017, down from last week when it averaged 4.20.

Mortgage apps drop 3.5%, refis drop 8% Mortgage applications fell by 3.5% from one week earlier on a seasonally-adjusted basis. fell 3% from the previous week. The Refinance Index fell 8% over the same period. The seasonally-adjusted.

Mortgages rates fell slightly lower amid market expectations of no rate increase by the Federal Reserve, the latest Primary Mortgage Market Survey from Freddie Mac said. Click to enlarge (Source.

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Last year’s Federal Reserve actions, raising the target interest rate three times, led to about a 0.75 percentage point increase in the 1-year Constant Maturity Treasury (CMT) note, while the 10-year.

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According to Freddie Mac’s latest Primary Mortgage Market Survey, the average U.S. mortgage rate moved lower for the second consecutive week in January 2017. Sean Becketti, chief economist of Freddie Mac said, "After absorbing a mixed December jobs report; the 10-year Treasury yield fell 8 basis points.

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Mortgage News Daily and Freddie Mac offer conflicting reports on the bond market reaction Jerome Powell’s speech yesterday. Mortgage News Daily says Mortgage Rates Surge Lower Mortgage rates surged.

Freddie Mac says Mortgage Rates Barely Move. November 29, 2018 Mortgage rates stabilized the last couple of months as interest rate sensitive sectors such as new auto and home sales softened the.

Both were marginally lower in the early going. Rising interest rates, others noted. The average rate on a 30-year fixed mortgage was 4.38% last week, according to Freddie Mac. That’s a place it has.

Despite the recent rise in mortgage rates, both existing and new home sales continue to show strength – indicating the lagged effect of lower rates on housing demand. This, along with improved affordability, should push housing activity higher in the coming months. Information provided by Freddie Mac.

The Mortgage Rates Hit New Low of 3.89%! Will Rates Go Down Further In 2019? Both were marginally lower in the early going. Rising interest rates, others noted. The average rate on a 30-year fixed mortgage was 4.38% last week, according to Freddie Mac. That’s a place it has.