Mortgage Rates

Freddie Mac News: Multifamily 2019 Outlook

TYSONS CORNER, VA – Jan. 17, 2019 – Freddie Mac is a publicly traded, government sponsored enterprise, ranked No. 38 on the 2018 Fortune 500 list of the U.S. corporations by revenue. A new analysis by Freddie Mac finds that performance in the multifamily market remained healthy during 2018 and is expected to continue into 2019, … Continue reading Freddie Mac News: Multifamily 2019 Outlook

WASHINGTON | US home sales rose 1.9 percent in November

WASHINGTON— U.S. home sales increased in November for the second straight month, but sales plummeted 7 percent from a year ago amid growing affordability pressures. The National Association of Realtors said Wednesday that sales of existing homes rose 1.9 percent to a seasonally adjusted annual rate of 5.32 million last month. But higher mortgage rates … Continue reading WASHINGTON | US home sales rose 1.9 percent in November

Freddie Mac reports slight downtick in 30 year mortgages

A slight drop in reported 30 year mortgage rates by Freddie Mac continues to show a short term decline in rates.  With last weeks rise in 10 year treasuries, there was a possibility that we may have seen a slight increase, but this did not happen and we have experienced 3 continued weeks of either … Continue reading Freddie Mac reports slight downtick in 30 year mortgages

30 Year Mortgage Rates Hold Steady from Last Week

Freddie Mac has reported 30 year mortgage rates have held steady from last weeks drop, at 4.81 percent From USREALTY.NEWS This hold followed a drop in reported rates from October 11 rates of 4.9 percent and the range up to 4.94 percent reported at the November 8 to November 15 time frame. As rates steady … Continue reading 30 Year Mortgage Rates Hold Steady from Last Week

WASHINGTON | US average mortgage rates steady; 30-year stays at 4.81 pct.

WASHINGTON  — U.S. long-term mortgage rates barely budged this week after marking the biggest drop in nearly four years a week earlier. Home borrowing rates remain much higher than they were a year ago. Mortgage giant Freddie Mac said Thursday the average rate on the benchmark 30-year, fixed-rate mortgage held steady at 4.81 percent this … Continue reading WASHINGTON | US average mortgage rates steady; 30-year stays at 4.81 pct.

WASHINGTON | US home sales rise 1.4 percent, snap 6-month losing streak

WASHINGTON — U.S. home sales rose in October, breaking a six-month losing streak. But sales are still down from a year ago, hurt by rising interest rates. The National Association of Realtors says that sales of existing homes climbed 1.4 percent to a seasonally adjusted annual rate of 5.22 million last month from 5.15 million … Continue reading WASHINGTON | US home sales rise 1.4 percent, snap 6-month losing streak

WASHINGTON | US home construction rose 1.5 percent in October

WASHINGTON  — U.S. home construction improved a slight 1.5 percent in October, but in a troubling sign, ground breakings for single-family houses fell. The Commerce Department said Tuesday housing starts rose to a seasonally adjusted annual rate of 1.23 million, up from 1.21 million in September. The gains came entirely from apartments. Starts for single-family … Continue reading WASHINGTON | US home construction rose 1.5 percent in October