Tag Archives: Sam Khater

As aging urban cores get more expensive, a source of affordable housing diminishes

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Sam Khater, chief economist at Freddie Mac, believes we’re starting to see American metros becoming more like European cities, where low- and middle-income individuals live in the suburbs, rather than dense urban cores. Continue reading →

30-year mortgage rates hit lowest point in 50-year history

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The average 30-year mortgage hit an all-time low of 3.29 percent this week, according to data from Freddie Mac. Continue reading →

Mortgage rates see biggest plunge in over a decade

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Average 30-year fixed-rate mortgages declined by 22 basis points from 4.28 percent to 4.06 percent, resulting in the biggest single-week decline in rates since 2008, according to Freddie Mac’s latest Primary Mortgage Survey released on Thursday. Continue reading →