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Mortgage Rates Continue to Plummet

Mortgage Rates Continue to Plummet

by Phil Hall | Dec 7, 2023 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The latest Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC) finds mortgage rates in a continued decline. The 30-year fixed-rate mortgage averaged 7.03% as of Dec. 7, down from last week when it averaged 7.22%. A year ago at this time, it averaged...
Monthly Mortgage Payment Average Continues to Decline

Monthly Mortgage Payment Average Continues to Decline

by Phil Hall | Nov 30, 2023 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Housing payments have declined for the fifth week in a row, according to new data from Redfin (NASDAQ:RDFN) that found the average homebuyer’s monthly mortgage payment was $2,575 during the four weeks ending Nov. 26, down $164 from a peak of $2,739 last month but up...
Mortgage Rates Down for Fifth Straight Week

Mortgage Rates Down for Fifth Straight Week

by Phil Hall | Nov 30, 2023 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Mortgage rates continued their downward trajectory for the fifth consecutive week, according to the Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate mortgage averaged 7.22% as of Nov. 30, down from last week when it...
Mortgage Rates Continue to Drop

Mortgage Rates Continue to Drop

by Phil Hall | Nov 24, 2023 | Mortgage Information, News/Current Events, Real Estate News, WRE News Exclusive

Mortgage rates declined again in the latest Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate mortgage is now averaging 7.29%, down from last week when it averaged 7.44%. A year ago at this time, it averaged 6.58%. The...
Mortgage Rates Down for Fifth Straight Week

Mortgage Rates Drop for Third Straight Week

by Phil Hall | Nov 16, 2023 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Mortgage rates continued to decline for the third consecutive week in the Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate mortgage averaged 7.44% as of Nov. 16, down from last week when it averaged 7.5%. A year ago at this...
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