The final Primary Mortgage Market Survey published in 2023 by Freddie Mac (OTCQB: FMCC) showed mortgage rates ringing out the year in a continued descent. The 30-year fixed-rate mortgage averaged 6.61% as of Dec. 28, down from last week when it averaged 6.67%. A year...
Mortgage rates continued to leave the 7% in the rearview mirror, according to Freddie Mac’s (OTCQB: FMCC) latest Primary Mortgage Market Survey. The 30-year fixed-rate mortgage averaged 6.67% as of Dec. 21, down from last week when it averaged 6.95%. A year ago...
A Phil Hall Op-Ed: Over the past couple of weeks, there have been a number of forecasts about where the U.S. economy in general – and the housing market, in particular – will be heading in 2024. There are a few easy predictions that I can make. For starters, I can...
The 30-year fixed-rate mortgage dropped below the 7% mark in the latest Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). The product averaged 6.95% as of Dec. 14. Last week, was at 7.03%, and one year ago at this time it averaged 6.31%. The...
Tech Trends: For five weeks in a row mortgage rate have declined. For those in the mortgage business, this is welcome news. But how do you take advantage of this trend to grow your business? Technology can help. Research done by Forbes tells us that whether you’ve...