Mortgage rates fell again last week and are again near record lows.
According to Freddie Mac, the average rate for a 15-year fixed rate mortgage did achieve a record low of 2.61 percent as compared to 3.1 percent one year ago.
The average rate for a 30-year fixed rate mortgage fell to 3.40 percent and near the record low of 3.31 percent. Continue reading
Last week’s economic news includes several factors that drove U.S. mortgage rates lower. Continue reading
Mortgage rates were lower last week as investors sought safety in bonds in the wake of US legislators’ failure to agree on budget cutbacks, and after Italyâs elections failed to reveal a leader committed to continuing economic reform. Continue reading
Mortgage rates worsened last week amid evidence of an improving economy. Continue reading
Mortgage rates rose last week as investors gained confidence in the global economy Continue reading
Mortgage rates rose last week nationwide during a week of sparse economic news. Continue reading
Mortgage rates rose during the first week of 2013. Continue reading
For Thursday and Friday, expect jobs data to dictate where mortgage rates are headed. Continue reading
Mortgage bonds improved last week, pushing mortgage rates lower nationwide. Continue reading
Freddie Mac reported the average 30-year fixed rate mortgage rate at 3.37 percent — an increase of 0.05 percentage points from the week prior. Continue reading