Associated Press WASHINGTON – Dec. 13, 2013 – Average U.S. rates for fixed mortgages eased slightly this week, remaining near historically low levels. Mortgage buyer Freddie Mac said Thursday that the rate on the 30-year loan declined to 4.42 percent from 4.46 percent last week. The average on the 15-year fixed loan dipped to 3.43…
Associated Press WASHINGTON – Oct. 25, 2013 – Average U.S. rates on fixed mortgages dropped this week to their lowest levels in four months, a positive sign for the housing recovery. Mortgage buyer Freddie Mac says the average rate on the 30-year loan fell to 4.13 percent. That’s down from 4.28 percent. The average on…
By Marcy Gordon, Associated Press WASHINGTON – Oct. 4, 2013 – Average U.S. rates on fixed mortgages fell for the third straight week to their lowest point in three months, as a decline in consumer confidence and the onset of the government shutdown forced rates down. Mortgage buyer Freddie Mac said Thursday that the average…
NEW YORK – Sept. 6, 2013 – For the first time ever, interest rates for jumbo mortgages have dropped below the average rates for conforming mortgages, lenders say. The average interest rate for a 30-year fixed-rate conforming mortgage last week was 4.73 percent while the average for a jumbo 30-year fixed-rate mortgage was 4.71 percent,…
By Marcy Gordon, Associated Press WASHINGTON – Aug. 23, 2013 – Average U.S. rates for fixed mortgages rose this week to their highest levels in two years, driven by heightened speculation that the Federal Reserve will slow its bond purchases later this year. Mortgage buyer Freddie Mac said Thursday that the average rate on…