Tag: Mortgage Rates

  1. 30-Year Mortgage Rate At The Highest Level In Nearly Eight Years

    Information compiled by Freddie Mac shows that mortgage rates are continuing to increase after a slight slowdown in the summer months. The 30-year FRM – Commitment rate, inched up considerably by 20 basis points to 4.83 percent from 4.63 percent …

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  2. 30-Year Mortgage Rate Continued to Increase in September

    Information compiled by Freddie Mac shows that mortgage rates are continuing to increase after a slight slowdown in the summer months. The 30-year FRM – Commitment rate, inched up by eight basis points to 4.63 percent from 4.55 percent in August….

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  3. Slight Increase in Mortgage Rates in September

    The Federal Housing Finance Agency reported that mortgage rates on purchases of newly built homes (MIRS) rose by three basis points over the month of September 2018 to 4.63 percent, marking the tenth consecutive monthly increase. The FHFA contract rate…

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  4. Mortgage Rates Remain Elevated

    The Federal Housing Finance Agency reported that mortgage rates on purchases of newly built homes rose by seven basis points over the month of May 2018 to 4.51 percent, marking the seventh consecutive monthly increase. However, information compiled by …

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  5. Mortgage Rates Remain Higher

    The Federal Housing Finance Agency (FHFA) reported that mortgage rates on purchases of newly built homes continued to climb in April and additional evidence from Freddie Mac indicates that mortgage rates more generally rose in May as well. However, ave…


  6. Mortgage Rates Climb in April

    According to the Federal Housing Finance Agency (FHFA), mortgage rates continue to rise and this is confirmed by data from Freddie Mac. The short end of the yield curve, which is most sensitive to monetary policy, has been the primary force behind the …


  7. Fed Keeps Rate Steady: Higher Rates Expected

    As was widely expected, the Federal Open Market Committee (“FOMC”), the monetary policy making body of the Federal Reserve, maintained the federal funds rate at a range of 1.50 to 1.75 percent following its meeting that convened on March 1-2, a rate it…


  8. Mortgage Rates Rise

    The Federal Housing Finance Agency reported that mortgage contract rates on purchases of newly built homes rose by 11 basis points over the month of February to 4.14 percent, near its last peak level of 4.18 percent established one year ago in February…