FHFA: Mortgage rates continue to climb

The average loan amount for all loans hit $270,100 in September, a drop from $274,500 in August, FHFA said. Source: HOUSINGWIRE. Mortgage interest rates continued their upward climb, with contract mortgage interest rates increasing 0.11% from August to September, according to the Federal Housing Finance Agency’s index of new mortgage contracts.

MCLEAN, Va., April 25, 2019 (GLOBE NEWSWIRE) — Freddie mac (otcqb: fmcc) today released the results of its Primary Mortgage Market Survey ® (PMMS ®), showing that fixed mortgage rates posted a fourth consecutive week of increases. Sam Khater, Freddie Mac’s chief economist, says, “Despite the.

 · According to Freddie Mac, the 30-year fixed-rate mortgage average fell for the seventh time in the last nine weeks to 3.73%. That is its lowest level since November of 2016. Just a week ago the 30-year fixed-rate average was 3.84% and this time last year we were sitting at 4.55%.

Contract mortgage interest rates increased 0.25 percent from July to August, according to an index of new mortgage contracts. According to the federal housing finance agency (fhfa), the National Average Contract Mortgage Rate for the Purchase of Previously Occupied Homes by Combined Lenders index was 4.26 percent for loans closed in late August.

 · Sam Khater, Freddie Mac’s chief economist, says, “Despite the recent rise in mortgage rates, both existing and new home sales continue to show strength – indicating the lagged effect of.

 · A FOX Business exclusive with FHFA. “We’re going to continue to have I think to me historically low mortgage rates for next number of years,” he says.. But bringing private capital.

Mortgage Rates Continue to Climb Posted on June 7, 2013 by Inlanta Mortgage Fixed mortgage rates climbed higher for the fifth consecutive week on concerns the Federal Reserve may slow its bond purchases amid a strengthening economy.

Mortgage rates continue to drop  · Having Otting in place would be key to the Trump administration going around Congress because both Treasury and the FHFA have to agree on any plan to release Fannie and Freddie. Before Otting took over the FHFA earlier this month, the companies’ regulator was run by Mel Watt, a Democratic holdover from the Obama administration.

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Home prices continue to climb according to FHFA House Price Index (Part 1 of. estate sector via an ETF should look at the iShares Mortgage Real Estate ETF (REM). If you want to isolate interest.

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