Mortgage Rate Articles

Freddie Mac: Mortgage rates slip down

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View the latest mortgage rates from the FHFA, MBA or Freddie Mac surveys, with charts.

Freddie Mac: Mortgage Rates Down. The average 15-year mortgage rate this time last year was 2.76 percent. The average rate on five-year Treasury-indexed hybrid adjustable-rate mortgage (ARM) was up this week, increasing from 3.14 percent to 3.15 percent. In 2016, the five-year arm rate was about 2.81 percent.

Freddie Mac News Facts 30-year fixed-rate mortgage (frm) averaged 4.54 percent with an average 0.5 point for the week ending June 7, 2018, down from last week when it averaged 4.56 percent. A year ago at this time, the 30-year FRM averaged 3.89 percent.

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according to the latest Freddie Mac Primary Mortgage Market Survey. The 30-year fixed-rate mortgage averaged 3.99% for the week ending May 30, 2019, down from last week’s rate of 4.06%. A year ago,

Freddie Mac said on Thursday. Thirty-year mortgage rates averaged 3.99% in the week ended May 30, down from 4.06% a week earlier and 4.56% a year ago, the mortgage finance agency said. (Reporting by.

Sam Khater, Freddie Mac’s chief economist, says, "In this week’s survey, the 30-year fixed-rate mortgage jumped 19 basis points to 4.90 percent. Rates are now at their highest level since the week of April 14, 2011." Added Khater, "Rising rates paired with high and escalating home prices is putting downward pressure on purchase demand.

The 15-year fixed-rate mortgage rate dropped to 2.92% for the week, down from 2.98% the week prior, according to Freddie Mac. Last year at this time the rate averaged 3.4%. The five-year Treasury-indexed hybrid adjustable-rate mortgage rate averaged 2.82% for the week, down from 2.86%, while the one-year Treasury-indexed adjustable-rate mortgage rate averaged 2.38%, just down from 2.39% the prior week.

Thirty-year rate can’t sustain increase, slips to 6.73 percent NEW YORK (CNNfn) – Just as anticipated, mortgage rates inched back down this week, mortgage firm Freddie Mac said Thursday. For the.