Freddie Mac: Mortgage rates barely waver, move lower

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Freddie Mac: Mortgage rates barely waver, move lower . Mortgage rates remained stagnant after the Federal Open Markets Committee said that it would not raise the federal funds rate this month. As a result, rates barely moved for the week and dropped slightly lower.

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Mortgage rates fell further during the week ended Feb. 4, with the average rate for a 30-year fixed-rate mortgage (FRM) reaching 3.72%, down from 3.79% the week prior, according to Freddie Mac’s Primary Mortgage Market Survey.. A year ago at this time, the 30-year FRM averaged 3.59% (all rates.

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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.

9 days ago · Mortgage rates today are driven by movements in financial markets worldwide. When the economy heats up, bond price drop, and rates increase. When the economy pulls back, interest rates.

It is widely believed that declining mortgage rates have helped the residential real estate sector as lower borrowing costs are making new houses more affordable. Per Freddie Mac, the average 30.

MCLEAN, Va., June 27, 2019 (GLOBE NEWSWIRE) — Freddie Mac (OTCQB: FMCC) today released the results of its Primary Mortgage Market Survey ® (PMMS ® ), showing that the 30-year fixed-rate mortgage rate fell for the seventh time in the last nine weeks, and to.

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 · Once again, mortgage rates were stagnant this week. According to the latest data released Thursday by Freddie Mac , the 30-year fixed-rate average slipped to 4.52 percent with an average 0.4 point.

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Housing Bubble Update: Fed to Backstop Home Prices? Mortgage Rates Drop, Lumber Prices Plunge Housing and Economic Research.. Research Note: Freddie Mac’s Primary Mortgage Market Survey (PMMS) is the longest running weekly survey of mortgage interest rates in the United States. Since Freddie Mac launched its survey in 1971, others have begun collecting and reporting mortgage rate.

 · Fixed Mortgage Rates Move Lower By Published: Oct 22 , 2015. , stability and affordability to the nation’s residential mortgage markets. Freddie Mac.

Mortgage rates held relatively steady this week, this according to Freddie Mac’s weekly mortgage rate survey. freddie reports the 30 year fixed rate fell a basis point from 3.98% to 3.97%. The 15 year fixed rate dropped two basis points to 3.18% from 3.20%.