Average rate on 30-year mortgage rises to 3.80% (2/27/2015)
It’s the third weekly increase for FRMs, but two out of three experts polled by Bankrate.com this week predict a rate decline over the short term.
The Fed’s Janet Yellen plots rate-hike road map (2/25/2015)
Buyers want to know: When will mortgage rates go up? The Fed could increase interest rates, which affect ARMs and FRMs, by summer if some assumptions hold true.
Average 30-year mortgage rate rises to 3.76% (2/20/2015)
It’s the second week-to-week rise in a row, but rates remain near historic lows. A year ago, the average FRM was 4.33%.
Average U.S. rate on 30-year mortgage rises to 3.69% (2/13/2015)
Freddie Mac: The average rate is still at its lowest level since May 2013; the 15-year-loan rate rose this week to 2.99%.
Lower gas prices = lower mortgage rates (1/19/2015)
Lower oil prices mean lower inflation, which pushes down mortgage rates. The gas price drop should help any buyer who doesn’t live in major oil-producing regions.
End-of-year mortgage rates remain below 4% (1/5/2015)
According to Freddie Mac, the average mortgage rate stood at 3.87% by the end of 2014 – a slight week-to-week increase.
30-year mortgage rate drops below 4% (11/21/2014)
The average FRM declined to 3.99%. “If planning to buy a home in the next year, it’s better to do it sooner rather than later,” says Freddie Mac economist.
Average 30-year loan rate slips to 4.01% (11/14/2014)
The average FRM fell only slightly lower for the week, and most experts (70%) predict it will stay there over the short term.
Mortgage rates will rise – but when? (10/13/2014)
Potential buyers aren’t too worried about higher mortgage rates. They’ve been stable for weeks. But experts predict something above 5% by mid-2015.
Where are the higher mortgage rates? (9/16/2014)
A slow economy and global tensions have kept mortgage rates surprisingly low. While still expected to go higher, a dramatic increase isn’t likely this year.