Mortgage Rates

Mortgage Rates Spike to Highest Level Since March 2020

January 13th, 2022
Elevated inflation and the concerns over how federal officials intend to address it led to a significant surge in mortgage rates across the board, according to recent reports from Freddie Mac. According to the agency’s Primary Mortgage Market Survey® (PMMS®),...

Commercial/Multifamily Lending to Hold Steady in 2022 Amidst Higher Rates and Economic Uncertainty

April 19th, 2022
Total commercial and multifamily mortgage borrowing and lending is expected to hold steady at a projected $895 billion of total lending in 2022, according to the latest forecast released this week by the Mortgage Bankers Association (MBA). This figure is...

Mortgage Rates Continue to Rise

June 23rd, 2022
They’re still going up. The 30-year fixed-rate mortgage (FRM) averaged 5.81% this week, up from 5.78% last week, according to the latest Primary Mortgage Market Survey® (PMMS®) released by Freddie Mac Thursday. Key points: 30-year fixed-rate mortgage averaged 5.81% with...
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