Mortgage rates just saw their largest weekly decline since mid-September. We asked 5 pros whether now is the time to buy
Homebuyers can breathe a small sigh of relief, as mortgage rates are declining. Freddie Mac data released Thursday showed that “the 30-year fixed-rate mortgage saw the largest weekly decline since mid-September.
Mortgage rates have declined but could stay at a level that makes it tough to afford a home
So far, the steady decline in mortgage rates this year hasn’t been enough to drive home sales higher. Sales of previously occupied U.S. homes fell in January as rising mortgage rates and prices froze out many would-be homebuyers despite a wider selection of properties on the market.
The decline in mortgage rates is picking up speed
It may seem counterintuitive, but growing economic concerns are pulling down mortgage rates. When investors seek a safe haven in the bond market, the yield
Mortgage rates fall again with largest weekly decline since mid-September
Mortgage rates fell for a seventh week in a row, according to mortgage buyer Freddie Mac. The average rate on the 30-year fixed mortgage is 6.63%.
Mortgage Rates Are Declining, Finally, but May Hover at an Uncomfortable Level
Mortgage rates have been mostly declining in recent weeks, helping encourage prospective home shoppers just as the spring homebuying season gets going
Mortgage Rates Fall to Lowest Level Since December. What It Means for Buyers.
There are other positive—if early—signs for the housing market. Mortgage applications, a sign of future sales, show that some buyers are coming back.
Mortgage rates are falling. Here’s how much a typical homeowner can save if they refinance.
Mortgage Rates Continue to Fall
As the spring homebuying season gets underway, the 30-year fixed-rate mortgage saw the largest weekly decline since mid-September,” said Sam Khater, Freddie Mac’s Chief Economist. “The decline in rates increases prospective homebuyers’ purchasing power and should provide a strong incentive to make a move.
Despite mortgage rates falling, first-time home buyers still face challenges
More homes are expected to come onto the market as the spring homebuying season gets underway. Continued improvements in mortgage rates, which have declined for seven straight weeks, could lead to
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Mortgage rates fall again as economy cools further
Most mortgage market observers began the year believing rates were more likely to rise than fall, but that hasn’t panned out.
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What You Need to Know About Freddie Mac’s Recent Update
Freddie Mac published last Thursday an update to the Freddie Mac Guide, which included a discussion of various underwriting, ...
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Mortgage Rates Take A Lucky Seventh Dip
Potential homebuyers looking to take out home loans have something to cheer in the latest news on mortgage rates. The 30-year ...
Freddie Mac Announces $290 million Non-Performing Loan Sale
Freddie Mac (OTCQB: FMCC) announced today it will offer approximately $290 million in non-performing loans (NPL) for sale via auction. The NPLs being offered consist of seasoned, deeply delinquent ...
Buying a Home? Without the Consumer Bureau, You Need to Be Your Own Watchdog.
The C.F.P.B. had kept a close eye on mortgage lenders. But with the bureau hobbled, consumers should take several steps, ...