‘Summer swoon’: Mortgage rates dip further in mid-July throughout US

The average interest rate on a 30-year, fixed rate mortgage dipped further this week, according to data from Freddie Mac. Continue reading

Mortgage rates tick back above 3% as economic recovery continues

Freddie Mac’s chief economist said rates could continue to rise during the second half of the year after reaching historic lows in January. Continue reading

Inflation concerns not reflected in latest mortgage rate survey

A weekly mortgage rate survey from Freddie Mac shows rates continuing to slide, but the snapshot of average rates over a seven-day period doesn’t fully reflect new data that’s pushed rates up this week on renewed worries about inflation. Continue reading

Mortgage rates drop below 3% for first time in months

Average mortgage rates for a 30-year fixed rate mortgage dropped to 2.97 percent for the week ending April 22, according to Freddie Mac’s Primary Mortgage Market Survey. Continue reading

Housing market is headed for a slowdown say Fannie, Freddie

The booming housing market could be slowing down – Fannie Mae and Freddie Mac are predicting a decrease in mortgage originations in 2021. Continue reading

Homebuilders can’t catch up with demand

Shortage of new homes is pushing up housing prices and threatening to slow down the entire economy, according to a report by Freddie Mac’s chief economist. Continue reading