Another week, another new low for mortgage rates.
According to Freddie Mac's weekly Primary Mortgage Market Survey, the 30-year fixed rate mortgage rate fell 3 basis points to 3.53% last week nationwide. The 3.53% mortgage rate is available to mortgage applicants who are willing to pay 0.7 disc...
Mortgage markets improved last week on expectations for new Federal Reserve stimulus, plus ongoing concerns about the European Union's future. Mortgage-backed bonds climbed to new all-time highs, which helped conforming mortgage rates drop to new all-time lows. The average 30-year fixed-rate mortgag...
Mortgage markets worsened last week, halting a multi-week mortgage rate winning streak in Virginia and nationwide. With little economic news on which to trade, investors took their cues from the world's central banks. Fed Chairman Ben Bernanke neither dismissed nor promised new market stimulus in th...
Mortgage markets improved last week in response to ongoing concerns for the European Union and an across-the-board weakening in U.S. economic data -- including the much-watched jobs report. Conforming mortgage rates in Virginia eased lower last week, falling to a new all-time low for 6th week in a r...
Mortgage markets worsened slightly last week as positive U.S. economic news overshadowed growing concerns for the Eurozone's future. Political and economic issues continue to weigh on Greece and Spain, and it's still unknown how France's new President will change that nation's fiscal direction. Conf...
Mortgage markets were mostly unchanged last week for the second straight week. Spain made few moves to allay concerns from its investors, the Federal Reserve did little to change its message on the U.S. economy, and newly-released economic data was in-line with expectations. Conforming mortgage rate...
Mortgage markets were mostly unchanged last week, breaking a three-week winning streak. Wall Street grappled with surprising demand on Spain's debt issuance and a series of weaker-than-expected data points on U.S. housing. Conforming mortgage rates across Virginia rose slightly according to the week...
Mortgage markets improved last week as a global flight-to-quality continued. With Spain facing questions on its sovereign debt, investors continued to pare exposure to risky assets, sparking demand for the relative safety of U.S. government-backed mortgage-backed bonds.
As a result, conforming and FH...
After a brief surge north of 4 percent last month, mortgage rates have settled down, near their lowest levels of all-time.
According to Freddie Mac's weekly Primary Mortgage Market Survey, for applicants willing to pay 0.7 discount points plus a complete set of closing costs, the average 30-ye...
In a week of up-and-down trading, mortgage markets improved for the second consecutive week last week. Weaker-than-expected jobs data plus evidence of a slumping Eurozone took mortgage bonds lower, capped by a furious Friday morning rally that dropped mortgage rates to near-record levels. Once again...
Mortgage markets improved last week on renewed concerns of a European debt default, and Federal Reserve rhetoric. Conforming mortgage rates in Virginia dropped on the news, one week after posting a 5-month high. A major strike in Spain and growing unrest in Italy, both in opposition to recent auster...Mortgage markets improved last week on renewed concerns of a European debt default, and Federal Reserve rhetoric.
Conforming mortgage rates in Virginia dropped on the news, one week after posting a 5-month high.
A major strike in Spain and growing unrest in Italy, both in opposition to recent austerit...
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