Posts with tag freddie mac primary mortgage market survey

Riots in Greece kill three bankers, and the threat of chaos pushes down interest rates for U.S. home loans. The average interest rate for 30-year home loans dropped to 4.93 percent (with an average 0.7 percent origination fee) for the week ending May 13. That's close to the lowest-ever rate of 4.81 percent recorded last... Continue Reading »

Everyone knows interest rates are going up ... eventually. But so far this year they've stayed much lower, much longer than experts predicted. Average interest rates for 30-year home loans slid to 5.06 percent (plus 0.7 percent in fees) for the week ending April 29. That's down from 5.07 percent the week before. Interest... Continue Reading »

Worried about interest rates? If you're looking for a home loan, you can breath a little sigh of relief: after inching up in recent weeks, average interest rates fell back to their near-historic lows. Average interest rates for 30-year home loans slid to 5.07 percent (plus 0.6 percent in fees) for the week ending April... Continue Reading »

Bracing for higher mortgage rates? Well, relax. Looks like rates will rise much more slowly than anyone anticipated. Number crunchers now predict that interest rates for 30-year, fixed-rate home loans will average 5.6 percent in the fourth quarter of this year, according to Freddie Mac's latest Economic and Housing... Continue Reading »

Average interest rates for home loans are expected to rise close to 6 percent by the end of 2010, as the federal stops spending trillions to prop up the mortgage market. It's like taking a crutch away from someone healing from a broken leg: Even if this person is on the mend, you'd expect him to wobble a little.... Continue Reading »