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Mortgage Rates at Highest Level Since July

Mortgage Rates at Highest Level Since July

by Phil Hall | Jan 2, 2025 | Current News & Events, Market Snapshot, Mortgage Information, Real Estate News, U.S. Housing Market, WRE News Exclusive

Mortgage rates started the New Year moving closer to the 7% mark, according to the latest Primary Mortgage Market Survey from Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate mortgage averaged 6.91% as of Jan. 2, up from last week when it averaged 6.85%. A year ago...
Mortgage Rates Continue to Rise

Mortgage Rates Continue to Rise

by Phil Hall | Dec 26, 2024 | Current News & Events, Market Snapshot, Mortgage Information, Real Estate Investing, U.S. Housing Market, WRE News Exclusive

Mortgage rates ended 2024 hovering back to within the vicinity of the 7% level, according to the Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate mortgage averaged 6.85% as of Dec. 26, up from last week when it averaged...
Mortgage Rates Rise Ahead of Christmas

Mortgage Rates Rise Ahead of Christmas

by Phil Hall | Dec 19, 2024 | Current News & Events, Market Snapshot, Mortgage Information, Real Estate News, U.S. Housing Market, WRE News Exclusive

Mortgage rates shot up again in the latest Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate mortgage averaged 6.72% as of Dec. 19, up from last week when it averaged 6.60%. A year ago at this time, it averaged 6.67%. The...
Mortgage Rates Take Another Drop

Mortgage Rates Take Another Drop

by Phil Hall | Dec 12, 2024 | Current News & Events, Market Snapshot, Mortgage Information, Real Estate News, U.S. Housing Market, WRE News Exclusive

Mortgage rates continued to decline in the latest Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate mortgage averaged 6.60% as of Dec. 12, down from last week when it averaged 6.69%. A year ago at this time, it averaged...
Former Ginnie Mae Chief Takes Role at Freddie Mac

Former Ginnie Mae Chief Takes Role at Freddie Mac

by Phil Hall | Dec 9, 2024 | Current News & Events, Industry Updates, Market Snapshot, Real Estate News, WRE News Exclusive

Freddie Mac (OTCQB: FMCC) has announced the appointment of Sam Valverde as vice president of mission and community engagement within its single-family acquisitions division. Sam Valverde served as acting president from May through the end of November, when he stepped...
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