Mortgage Rates

Mortgage Rates Stable Heading Into Continued Pandemic Uncertainty

December 3rd, 2021
The 30-year fixed-rate mortgage (FRM) averaged 3.11% for the week ending Dec. 2, according to Freddie Mac’s Primary Mortgage Market Survey (PMMS). Mortgage details: The 30-year fixed-rate mortgage averaged 3.11% with an average 0.6 point for the week ending Dec. 2, 2021, up...

Mortgage Rates Inch Up Following Fed Policy Changes

December 17th, 2021
The 30-year fixed-rate mortgage (FRM) averaged 3.12% for the week ending Dec. 16, according to Freddie Mac’s latest Primary Mortgage Market Survey®. Mortgage rate details: The 30-year fixed-rate mortgage averaged 3.12% with an average 0.6 point, up from last week when...

Mortgage Rates Bumped Down Leading Up to the Holidays

December 27th, 2021
The 30-year fixed-rate mortgage (FRM) averaged 3.05% for the week ending Dec. 23, according to the latest data from Freddie Mac. Mortgage details: The 30-year fixed-rate mortgage averaged 3.05% with an average 0.7 point f, down from last week when it...

Mortgage Rates Moving Sideways Into 2022

December 30th, 2021
The 30-year fixed-rate mortgage (FRM) averaged 3.11% for the week ending Dec. 30, 2021, according to the latest Primary Mortgage Market Survey® (PMMS®) from Freddie Mac. Mortgage details: – The 30-year fixed-rate mortgage averaged 3.11% with an average 0.7 point,...

2022 Could See Another Home-Buying Frenzy

January 6th, 2022
The winter market is heating up as buyers keep a watchful eye on interest rates— expected to rise over the next year—despite a continuing inventory shortage keeping prices and competition high. According to realtor.com®’s recent Monthly Housing Report, December saw...

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®),...

Mortgage Rates Rise to Highest Level Since Onset of Pandemic

January 20th, 2022
Mortgage rates continued their upward trajectory for the fourth straight week, rising to their highest level since the beginning of the pandemic, according to this week’s report from Freddie Mac. According to the agency’s Primary Mortgage Market Survey® (PMMS), the...

Mortgage Rates Reach Peak High Since April

October 18th, 2021
The 30-year fixed-rate mortgage (FRM) averaged 3.05%, according to the latest Primary Mortgage Market Survey® (PMMS®) from Freddie Mac. This marks a peak in rates not seen since April. Mortgage details: – 30-year fixed-rate mortgage averaged 3.05% with an average...

Mortgage Rates Still on the Rise, Forecast to Reach 3.4% by December

October 21st, 2021
It’s been another week of increasing mortgage rates, with the average 30-year fixed-rate mortgage (FRM) coming in at 3.09%, according to the latest data from Freddie Mac.  Mortgage details: 30-year fixed-rate mortgage averaged 3.09% with an average 0.7 point for...

Mortgage Rates Continue Upward Momentum

October 29th, 2021
The 30-year fixed-rate mortgage (FRM) averaged 3.14% for the week ending Oct. 28, according to the latest Primary Mortgage Market Survey® (PMMS®) from Freddie Mac. Declining COVID cases and improved consumer confidence, however, are keeping purchase demand strong despite increasing...
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