Mortgage rates drop below 3% for first time in months
Average mortgage interest rates for a 30-year fixed rate mortgage dropped to 2.97% for the week ending April 22, according to Freddie Mac’s Primary Mortgage Market Survey
by Kelsey Ramírez Apr 22
housing market
Rising mortgage rates cause Fannie Mae and Freddie Mac to downwardly revise forecasts
by Kelsey Ramírez Apr 19
Homebuilders need to construct 3.8M homes to meet demand
The shortage of new homes is pushing up housing prices and threatening to slow down the entire economy, according to a report by Freddie Mac's chief economist
by Matt Carter Apr 15
Mortgage rates reverse course, dropping for first time in 2 months
After 7 weeks of consecutive increases in mortgage rates, Freddie Mac's most recent survey shows a decrease, giving borrowers the chance to refinance
by Kelsey Ramírez Apr 8
Up, up and away: Mortgage rates continue upward tick
The average for a 30-year, fixed-rate mortgage hit 3.17% this week, the highest level since June 2020, according to data released Thursday by Freddie Mac
by Patrick Kearns Mar 25
Mortgage rates continued to climb this week
After falling to historic lows last year, rates have climbed back over 3% but still remain lower than last year's levels
by Patrick Kearns Mar 18
30-year, fixed mortgage rates creep past 3% for first time since July
Rates have been rising since January, though one economist expects further increases to be 'more muted' in the coming months
by Jim Dalrymple II Mar 4
Mortgage rates remain low amid 'struggling economy'
The average 30-year mortgage stayed flat from last week at 2.79% — near historic lows
by Patrick Kearns Feb 4
2021 opens with a new record low for mortgage rates
The average 30-year mortgage hit an all-time low of 2.65% this week, according to data from Freddie Mac released Thursday
by Patrick Kearns Jan 7
How low will it go? 2020 was the year of record-low mortgage rates
Mortgage rates ended 2020 near a record low. Will record-breaking rates continue in 2021?
by Patrick Kearns Dec 31
Mortgage rates hit record low as Fed holds interest rates at zero
It's the lowest 30-year, fixed-rate since Freddie Mac began tracking the data in 1971
by Patrick Kearns Dec 17
Mortgage rates fall to record new low as home sales begin to sputter
The average rate for a 30-year, fixed-rate mortgage fell to 2.71%, the lowest number ever recorded by Freddie Mac's weekly survey of rates, which dates back to 1971
by Patrick Kearns Dec 3
Mortgage rates set new record low for 13th time in 2020
The average 30-year mortgage hit an all-time low of 2.72%, according to Freddie Mac
by Patrick Kearns Nov 19
Mortgage rates hit another historic low amid electoral uncertainty
With 30-year, fixed-rate mortgages dropping to 2.78%, it's the 12th time this year that rates have hit a new low, according to data released Thursday by Freddie Mac
by Patrick Kearns Nov 5
Low mortgage rates are propping up economy and propelling growth
The average rate for a 30-year, fixed-rate mortgage was 2.81%, a shave higher than last week's historic low of 2.8%, according to Freddie Mac's Primary Mortgage Market Survey
by Patrick Kearns Oct 29