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Mortgage Rates Soar for Fifth Consecutive Week

Mortgage Rates Soar for Fifth Consecutive Week

by Phil Hall | May 2, 2024 | Current News & Events, Mortgage Information, Real Estate News, U.S. Housing Market, WRE News Exclusive

Mortgage rates continues to soar in the latest Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate mortgage averaged 7.22% as of May 2, up from last week when it averaged 7.17%. A year ago at this time, it averaged 6.39%. The...
Mortgage Rates Continue to Rise

Mortgage Rates Continue to Rise

by Phil Hall | Apr 25, 2024 | Mortgage Information, Real Estate News, U.S. Housing Market, WRE News Exclusive

Mortgage rates continued to soar deeper into the 7% range in the latest Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate mortgage averaged 7.17% as of April 25, up from last week when it averaged 7.10%. A year ago at this...
Mortgage Rates Soar for Fifth Consecutive Week

Mortgage Rates Soar Above 7%

by Phil Hall | Apr 18, 2024 | Current News & Events, Mortgage Information, Real Estate News, U.S. Housing Market, WRE News Exclusive

Mortgage rates blew past the dreaded 7% level for the first time this year, according to the latest Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate mortgage averaged 7.10% as of April 18, up from last week when it averaged...
Mortgage Rates Drift Closer to the 7% Mark

Mortgage Rates Drift Closer to the 7% Mark

by Phil Hall | Apr 11, 2024 | Current News & Events, Mortgage Information, Real Estate News, WRE News Exclusive

Mortgage rates inched higher to the dreaded 7% level, according to the latest Primary Mortgage Market Survey from Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate mortgage averaged 6.88% as of April 11, up from last week when it averaged 6.82%. A year ago at this...
Mortgage Rates Still Hovering Near the 7% Level

Mortgage Rates Still Hovering Near the 7% Level

by Phil Hall | Apr 4, 2024 | Current News & Events, Mortgage Information, Real Estate News, U.S. Housing Market, WRE News Exclusive

The latest Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC) found rates stuck near the 7% level. The 30-year fixed-rate mortgage averaged 6.82% as of April 4, up from last week when it averaged 6.79%. A year ago at this time, it averaged 6.28%....
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