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Home | Tag Archives: Freddie Mac

Tag Archives: Freddie Mac

Freddie Mac: Mortgage Rates Fall to 4.27 Percent

Freddie Mac: Mortgage Rates Fall to 4.27 Percent

Per Freddie Mac’s Primary Mortgage Market Survey, the 30-year fixed rate mortgage (FRM) this week averaged a rate of 4.27 percent (0.7 point), down from 4.34 percent last week. A year ago, the 30-year FRM sat at 3.41 percent. At the same time, the 15-year FRM averaged 3.33 percent (0.6 point), down from an average 3.38 percent.

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Decline in Mortgage Rates Helps Spring Buying Season

Decline in Mortgage Rates Helps Spring Buying Season

Good news for homebuyers—Freddie Mac reported the 30-year fixed-rate mortgage (FRM) averaging a rate of 4.34 percent (0.7 point) for the week ending April 10, a decline from 4.41 percent last week. A year ago at this time, the 30-year fixed was down nearly a full percentage point: 3.43 percent.

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Freddie Mac Extends Mortgage Relief to Washington Disaster Victims

Freddie Mac Extends Mortgage Relief to Washington Disaster Victims

Freddie Mac commented Wednesday that its' full menu of mortgage relief policies are available for borrowers who are affected by disasters in the state of Washington from recent flooding and landslides. The company said, "Freddie Mac's disaster relief policies enable servicers to help borrowers with homes in presidentially declared Major Disaster Areas where federal Individual Assistance programs are being made available."

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FHFA Reports Mortgage Rates Decreased

FHFA Reports Mortgage Rates Decreased

The FHFA reported mortgage rates for occupied homes was 4.30 percent for loans closed in late February, a decline of 0.07 percent. The interest rate survey also showed the average rate on a conventional, 30-year fixed-rate mortgage was 4.45 percent, a drop of 22 basis points from January.

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Interest Rates Jump from Comments by the Fed

Interest Rates Jump from Comments by the Fed

In its weekly Primary Mortgage Market Survey, Freddie Mac reported an increase of 8 basis points in the 30-year fixed average rate, bringing up to 4.40 percent (0.6 point) for the week ending March 27. A year ago at this time, the 30-year fixed-rate mortgage (FRM) averaged 3.57 percent.

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