WASHINGTON (AP) – Average long-term U.S. mortgage rates rose sharply this week amid growing expectations that the Federal Reserve may soon raise its key short-term interest rate. Mortgage giant.
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Freddie Mac’s mortgage rate survey Explained. Research Note: Freddie Mac’s Primary Mortgage Market Survey (PMMS) is the longest running weekly survey of mortgage interest rates in the United States. Since Freddie Mac launched its survey in 1971, others have begun collecting and reporting mortgage rate information.
Mortgage rates increased for the week ended Feb. 12, driven by strong employment numbers. However, rates still remain near their May 23, 2013 lows, the Freddie Mac Primary Mortgage Market Survey.
From market inventory to changing mortgage rates, here’s everything Freddie Mac found in its annual report: Mortgage Rates and Originations. Mortgage rates are down by historical standards, which, because housing prices are outpacing income, is keeping affordability intact. In the beginning of 2017, rates for 30-year fixed mortgage were above.
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Freddie Mac (OTCQB: FMCC) on Thursday, Feb. 12, 2015 released the results of its Primary Mortgage Market Survey (PMMS), showing average fixed mortgage rates moving higher amid a strong employment report. Regardless, fixed-rate mortgages rates still remain near their May 23, 2013 lows.
According to the latest data released Thursday by Freddie Mac, the 30-year fixed. which is directly co-relational to increase in mortgage rates,” Shashank Shekhar, CEO of Arcus Lending, said.
Mortgage rates are around a two-year low, and Freddie Mac predicts they’ll stay that way through 2020. The mortgage-finance company recently revised its forecast for the average 30-year fixed-rate.
Mortgage rates have been in a prolonged swoon, but it may be coming to an end. According to the latest data released Thursday by Freddie Mac. But last week’s strong employment numbers eased some of.
Average long-term U.S. mortgage rates fell this week, approaching historically low levels with the spring home-buying season underway. Mortgage giant Freddie Mac said Thursday the national average.
MCLEAN, VA-(Marketwired – Mar 12, 2015) – Freddie Mac (OTCQB: FMCC) today released the results of its Primary Mortgage Market Survey (PMMS ), showing average fixed mortgage rates moving higher amid a strong jobs report and bringing mortgage rates back to where they were at the start of 2015.