Mortgage Rates

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...

Median Listing Price Hits Seventh Straight Week of Double-Digit Gains

February 4th, 2022
Housing data reported in RISMedia Daily News this week continue to reflect what all the experts forecasted for the beginning of 2022: homebuying competition is showing no signs of slowing. As this week nears its end, another indicator,®’s latest...

Mortgage Applications Decrease 8.3% Since Last Week

April 27th, 2022
Mortgage applications continue the downward trend for the eighth-consecutive week, as rates last week reached their highest since 2009, according to the data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Application Survey for the week ending on April 22nd....

Finally, a Pause in Mortgage Rate Hikes

June 30th, 2022
After several sharp spikes and nearly doubling over the last year, mortgage rates took a breather this week, decreasing from 5.81% the previous week to 5.7% this week, according to the latest Primary Mortgage Market Survey (PMMS) from Freddie Mac,...
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