Freddie Mac
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Forget COVID: Fed Pivots to Focus on Inflation Concerns
December 17th, 2021
The Federal Reserve is queuing up to make more aggressive moves in the coming years, a departure from the easing-in strategy it implemented amid the pandemic to incentivize economic recovery. While Fed officials voted to hold rates near zero on...
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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...
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Mortgage Rates Cross the 5% Line
April 14th, 2022
According to the latest data from Freddie Mac released Thursday, April 14, mortgage rates have climbed to levels not seen in more than a decade. The results of its Primary Mortgage Market Survey® (PMMS®) show that the 30-year fixed-rate mortgage...
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Mortgage Rates Dip Under 7%
November 4th, 2022
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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...