Category: MortgagePage 1 of 7

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Freddie Mac (May 16, 2024): “Mortgage rates decreased for the second consecutive week. Given the news that inflation eased slightly, the 10-year Treasury yield dipped, leading to lower…

Freddie Mac (May 9, 2024): “After a five week climb, mortgage rates ticked down following a weaker than expected jobs report. An environment where rates continue to hover…

Freddie Mac (February 22, 2024): “Strong incoming economic and inflation data has caused the market to re-evaluate the path of monetary policy, leading to higher mortgage rates. Historically,…

Freddie Mac (February 8, 2024): “Mortgage rates remain stagnant, hovering in the mid-six percent range over the past several weeks. The economy and labor market remain strong with…

Freddie Mac (February 1, 2024): “Although affordability continues to impact homeownership, the combination of a solid economy, strong demographics and lower mortgage rates are setting the stage for…

Freddie Mac (1/18/2024): “Mortgage rates decreased this week, reaching their lowest level since May of 2023. This is an encouraging development for the housing market and in particular…

Freddie Mac (1/4/2024): “Between late October and mid-December, the 30-year fixed-rate mortgage plummeted more than a percentage point. However, since then rates have moved sideways as the market…

Freddie Mac (12/14/2023): “Potential homebuyers received welcome news this week as mortgage rates dropped below seven percent for the first time since August. Given inflation continues to decelerate…

Freddie Mac (11/17/2023): “For the third straight week, mortgage rates trended down, as new data indicates that inflationary pressures are receding. The combination of continued economic strength, lower…

Freddie Mac (10/26/2023): “As Treasury yields decline, the 30-year fixed-rate mortgage dropped a quarter of a percent, the largest one-week decrease since last November. Incoming data show that…

Freddie Mac (10/26/2023): “For the seventh week in a row, mortgage rates continued to climb toward eight percent, resulting in the longest consecutive rise since the Spring of…

Freddie Mac (10/19/2023): Mortgage Rates Approach Eight Percent “Mortgage rates continued to approach eight percent this week, further impacting affordability. In this environment, it’s important that borrowers shop…

Freddie Mac (10/12/2023): Mortgage Rates Continue to Surge “For the fifth consecutive week, mortgage rates rose as ongoing market and geopolitical uncertainty continues to increase. The good news…

Freddie Mac (10/5/2023): Mortgage Rates Continue to Surge “Mortgage rates maintained their upward trajectory as the 10-year Treasury yield, a key benchmark, climbed. Several factors, including shifts in…

Freddie Mac (9/14/2023): “Mortgage rates inched back up this week and remain anchored north of seven percent. The reacceleration of inflation and strength in the economy is keeping…

Freddie Mac (9/8/2023): “For the fourth consecutive week, the 30-year fixed-rate mortgage hovered above seven percent. The economy remains buoyant, which is encouraging for consumers. Though while inflation has…

Freddie Mac (8/24/2023): “This week, the 30-year fixed-rate mortgage reached its highest level since 2001 and indications of ongoing economic strength will likely continue to keep upward pressure…