Freddie Mac: mortgage interest rates rose again last week

Mortgage rates rose again despite the Federal Reserves decision not to raise interest rates earlier this week, according to a survey by released Wednesday by loan reseller freddie Mac.

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Mortgage interest rates began to climb again last week, after falling the. Frank Nothaft, Freddie Mac’s chief economist, commented, ""Interest rates on fixed mortgages and the 5-year hybrid ARM.

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Mortgage interest rates have increased for the seventh consecutive week, according to Freddie Mac’s latest Primary Mortgage Market Survey. The 30-year fixed mortgage rate reached 4.40 percent.

According to Freddie Mac’s latest Primary Mortgage Market Survey, U.S. mortgage rates rose modestly this 2nd week of April 2019, with the 30-year fixed-rate averaging 4.12 percent. Rates moved up slightly this week while mortgage applications decreased following last week’s jump in rates.

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Mortgage Rates Move Down Again. MCLEAN, VA–(Marketwired – Mar 26, 2015) – Freddie Mac (OTCQB: FMCC) today released the results of its Primary Mortgage Market Survey (PMMS ), showing average fixed mortgage rates moving down again across the board.Average fixed rates that continue to run below four percent will help keep affordability high for those in the market to buy a home as we head.

Freddie Mac chief economist sam khater said while mortgage rates very modestly rose to 4.41% this week, they remain below last year’s levels for the fourth week in a row. "In late 2018, mortgage rates rose over a full percentage point from the prior year, which was one of the main reasons that weakness in home sales continued into early 2019," Khater continued. "However, the impact of recent lower rates and a strong labor market has led to a rise in purchase mortgage demand as we.

For the second week in a row, mortgage interest rates increased, according to Freddie Mac. The average weekly interest rate for a 30-year fixed-rate mortgage rose to 3.76%, up from 3.69% last week.

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Mortgage rates climbed yet again after last week’s stronger-than-expected employment data upset markets, mortgage firm Freddie Mac reported Thursday.. Fifteen-year loan rates rose to 7.70.

Why Are Fannie Mae & Freddie Mac Important - Real Estate Tips Mortgage rates fell by 3 basis points to 4.28% in the week ending 21 st March. The latest reversal saw mortgage rates continue to fall to the lowest level since the end of January last year. The.

“While the industrial and trade related economic data continues to dominate the news, the drop in mortgage rates over the last two months is already being felt in the housing market," Freddie Mac..