Interest rates

  • Fed announces rate hike decision by Ryan Smith

    In the wake of its last meeting of the year, the Fed has announced its decision on whether to hike interest rates – but what does it mean for mortgage rates?

  • As predicted, Fed holds interest rate steady by Ryan Smith

    Holding the line on interest rates can be good for originators overall, but might have some negative impact in markets with tight inventory

  • Record-Setting Low Fixed Mortgage Rates Persist by

    Freddie Mac (OTC: FMCC) today released the results of its Primary Mortgage Market Survey® (PMMS®), showing average fixed mortgage rates falling to new all-time record lows for the sixth consecutive week amid weak economic and job data helping to keep homebuyer affordability high.

  • Record Low Mortgage Rates Fuel 3rd Consecutive Increase In Refinance Apps by

    Mortgage applications increased 3.8 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending May 18, 2012.

  • AGAIN! Fixed Mortgage Rates Hit Record Lows by

    reddie Mac (OTC: FMCC) today released the results of its Primary Mortgage Market Survey® (PMMS®), showing average fixed mortgage rates again hitting new record lows. The 30-year fixed-rate mortgage at 3.79 percent continues to remain well below 4 percent and 15-year fixed-rate mortgages are also slightly down at 3.04 percent.

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