What's Ahead This WeekLast week was quite for economic news.  Mortgage rates and  remained relatively stable, with slight variation through the week.  Even the release of the FOMC meeting minutes from 1/30/13 on Wednesday didn't cause much of a stir.  There were no surprised to cause rates to move eit...
25.02.13 04:45 PM - Comment(s)
Freddie Mac mortgage rates For the first time in 9 weeks, mortgage rates have made new lows. According to Freddie Mac's weekly Primary Mortgage Market Survey, the average 30-year fixed rate mortgage rate fell 6 basis points to 3.49% this week, tying the all-time low set in late-July. The 15-year fixed rate mortgage also drop...
21.09.12 03:45 PM - Comment(s)
Freddie Mac mortgage rates After 4 weeks of rising costs, Henrico mortgage rates finally recede. According to Freddie Mac's weekly Primary Mortgage Market Survey, the average 30-year fixed rate mortgage rate dropped 7 basis points to 3.59% this week. Depending on where you live, however, you may find that your offered m...
31.08.12 03:45 PM - Comment(s)

30-year fixed rates rise

Mortgage rates in Richmond keep on rising.

According to Freddie Mac's weekly Primary Mortgage Market Survey, for the third straight week, the 30-year fixed rate mortgage rate rose, this time tacking on 3 basis points on a week-over-week basis to 3.62%, on average, nationwide. The 3.62% mortgage rate ...

17.08.12 03:45 PM - Comment(s)
Interest rate difference between 30-year fixed and Fed Funds Rate 2000-2012 The Federal Open Market Committee adjourns from a scheduled 2-day meeting today, its first of  8 scheduled meetings this year. The FOMC is a designated, rotating, 12-person committee within the Federal Reserve, led by Federal Reserve Chairman Ben Bernanke. Members of the FOMC sub-committee are...
25.01.12 04:45 PM - Comment(s)
Mortgage payments in 2011 As mortgage rates drop, so do housing payments. It's a good time to consider refinancing your home, or making an offer on a new one. Mortgage payment affordability has never been so high in history. According to Freddie Mac, the average 30-year fixed rate mortgage rate is now 3.94 percent --  ...
16.12.11 04:45 PM - Comment(s)

Comparing 30-year fixed rate mortgages and 15-year fixed rate mortgages

It's not just 30-year fixed rate mortgages that are posting all-time lows these days. The 15-year mortgage has been plunging, too.

If you've ever considered a 15-year loan term, it's a terrific time to talk to your lender. According to Freddie Mac's weekly mortgage rate survey of roughly 125 U.S. len...

16.09.11 04:03 PM - Comment(s)

Freddie Mac mortgage rates 2010-2011

Mortgage rates are falling, falling, falling. On a wave of uncertainty about Greece and its debt; and weaker-than-expected economic data at home, conforming 30-year fixed rate mortgage rates have fallen to levels not seen since December 2, 2010. Mortgage rates have dropped 8 weeks in a row. Not eve...
14.06.11 04:12 PM - Comment(s)

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