Freddie Mac (OTCQB: FMCC) reported another decline in mortgage rates in the newly published Primary Mortgage Market Survey. The 30-year fixed-rate mortgage averaged 6.67% as of June 22, down from last week when it averaged 6.69%. A year ago at this time, it averaged...
Realtor.com has updated its housing forecast for the second half of the year, with predictions for a less onerous mortgage rate level and fewer home sales. The revised forecast points to mortgage rates averaging 6.4% throughout the year before sliding to 6.1% by...
Mortgage rates took a dip for the second consecutive week, according to the latest Primary Mortgage Market Survey from Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate mortgage averaged 6.69% as of June 15, down from last week when it averaged 6.71%. A year ago at...
More than nine of every 10 U.S. homeowners with mortgages (91.8%) have an interest rate below 6%, according to a new report from Redfin (NASDAQ:RDFN). This is slightly below the record high of 92.9% hit in mid-2022. Redfin also noted that 82.4% of mortgaged homeowners...
Mortgage rates went into minor decline after three weeks in ascension, according to the latest Primary Mortgage Market Survey from Freddie Mac (OTC:FMCC). The 30-year fixed-rate mortgage averaged 6.71% as of June 8, down from last week when it averaged 6.79%. A year...