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The average 30-year rate rose to 5.29 from 4.91 percent a week earlier, mortgage buyer Freddie Mac said Thursday...That's quite a jump," said Donald Rissmiller, chief economist at New York-based Strategas Research Partners. "The more rates go up, the...
Tags: mortgage rate, Freddie Mac, rate mortgage, Pfizer, Chantix, potential safety, smoking drug, Food and Drug Administration, FDA, rate surge
The Dow Jones industrial average fell almost 175 points yesterday, erasing most of the previous day's rally as a jump in government bond yields fanned concerns that higher interest rates will sap strength from the economy. A steep drop in the price of...
Tags: mortgage rate, Treasury, bonds yields, Freddie Mac, rate mortgage, government bonds, mortgage rose, stock rises, U.S, fixed mortgage
The sale, as early as Tuesday, could be about $1 billion through a trust organized by Deutsche Bank, the source said. Freddie Mac (FRE.P) and rival Fannie Mae (FNM.P) have been the main sources of funding for multifamily housing with the $700 billion...
Tags: Freddie Mac
Interest rates for 30-year, fixed-rate U.S. mortgages fell slightly in the week ending May 21, the Federal Home Loan Mortgage Corp. said Thursday...A week ago, 30-year, fixed-rate mortgages averaged 4.86 percent with an average 0.7 points.
Tags: Freddie Mac, mortgage rate, rate mortgage, The Fed, Federal Reserve, U.S
Rates on fixed-rate mortgages rose slightly this week, while rates on adjustable-rate mortgages fell, according to Freddie Mac's weekly survey of conforming mortgage rates, released on Thursday. The 30-year fixed-rate mortgage averaged 4.86% for the week...
Tags: Freddie Mac, rate mortgage, fixed mortgage
Rates on 30-year mortgages inched up this week after matching an all-time record low a week earlier. Mortgage finance giant Freddie Mac said Thursday that average rates on 30-year fixed-rate mortgages rose to 4.84 percent this week, down from an average...
Tags: mortgage rate, Freddie Mac, recorded lows, rate mortgage, rate rise, average rate
Freddie Mac is paying out more than $700,000 to the family of David Kellermann, the mortgage finance company's former acting chief financial officer who died last week in an apparent suicide, the company disclosed Thursday. The McLean, Va.-based company...
Tags: Freddie Mac, David Kellermann
Home mortgage rates were mostly unchanged this week, with the average 30-year fixed mortgage rate holding steady, according to a report released Thursday. The average 30-year fixed mortgage rate remained at 5.23%, the same as the previous week , according...
Tags: mortgage rate, record low, Freddie Mac, crib recalled, past week, tie record, Federal Reserve, fixed mortgage
To make bigger mortgages cheaper, the economic stimulus act passed in February increased the conforming loan limit in high-cost regions to a maximum of $729,750 from $625,500 for single-family homes through the end of this year. The conforming-loan limit...
Tags: Freddie Mac, Fannie Mae
But mortgages that adjust in one year have been slightly more expensive for the last two weeks, according to a Freddie Mac survey released yesterday. The average rate on those loans was 4.82 this week compared with 4.8 percent for a 30-year fixed loan.
Tags: Freddie Mac, mortgage rate, rate mortgage, record lows, survey released, term mortgage, U.S, rate fall