Welcome to the last Primary Mortgage Market Survey of the year. And fortunately for all you rate watchers, it ends on a good note! 30-year fixed rates drop this week, landing near record lows!
Tag Archives | Freddie Mac
30-Year Fixed Rate Ends 2012 Near Historic Lows
by Amanda Pallay on December 27, 2012 in Mortgage Rates, Mortgage Updates and Changes, Refinance Mortgage
Mortgage Rates Are Movin’ On Up (Ever So Slightly)
by Amanda Pallay on December 20, 2012 in Mortgage Rates, Mortgage Updates and Changes, Refinance Mortgage
Greek philosopher Heraclitus once said “the only constant is change.” As much as we would like things to remain the same – our babies to stay little, our waistlines to stay small, our mortgage rates to remain low – they never do, or will. This week’s Primary Mortgage Market Survey is out and rates are both higher and lower than last week. It just goes to show how quickly these crazy low rates can change. If you’re not refinancing into a lower rate, you may miss out on your opportunity. There is never going to be a better time, because tomorrow never comes.
Mortgage Rates Drop Slightly – Still Near Record Lows
by Amanda Pallay on December 13, 2012 in Mortgage Rates, Mortgage Updates and Changes, Refinance Mortgage
There are only a handful of things that can be measured in “record lows” – temperature, birth rates, sea ice…um…oh, mortgage rates! Of course! And this week, my friends, mortgage rates dropped! It wasn’t a dramatic drop by any means, but a drop is a drop and that means more money in your pocket. What are you waiting for?
Freddie Mac Releases Mortgage Rates and Economic Forecast for 2013
by Clayton Closson on December 11, 2012 in Economic Analysis, Home Buying, Mortgage Rates, Refinance Mortgage
Freddie Mac released its mortgage rates and economic forecast for 2013 and the news is looking pretty good.
Fannie and Freddie Suspend Foreclosures During the Holiday Season
by Krissy Schwab on December 10, 2012 in Mortgage News
Facing foreclosure is an unpleasant situation to be in – particularly around the holiday season. However, some of the largest mortgage lending organizations released a bit of hopeful news to those with homes in foreclosure.
Mortgage Rates Remain in the Cellar – LOW, LOW, LOW!!!
by Amanda Pallay on December 6, 2012 in Mortgage Rates, Mortgage Updates and Changes, Refinance Mortgage
Mortgage rates took a slight increase this week according to the Primary Mortgage Market Survey from Freddie Mac. Refinance to a lower rate and save today.
Mortgage Rates Are Still Pretty Darn Low
by Amanda Pallay on November 29, 2012 in Mortgage Rates, Mortgage Updates and Changes, Refinance Mortgage
Do you remember when Al Roker took over for Willard Scott as the Today Show’s weatherman? The whole world was in a tizzy, because everyone loved Willard Scott! Well, that’s a little bit how I feel right now, coming in on my man Mally’s turf. He’s a pro at this Primary Mortgage Market Survey stuff. I have some very big shoes to fill, I know. I hope I can win you rate lovers over. I’ll do my best.
Did Mortgage Rates Really Set New Record Lows Today?
by Eric Mally on November 21, 2012 in Mortgage Rates, Mortgage Updates and Changes, Refinance Mortgage
I was thinking about rattling off a bunch of things that I’m thankful for, and while I do have plenty in my life to be thankful about, I feel that’s getting overdone. Maybe overdone like how my mom’s turkey will probably turn out tomorrow? Regardless of how my Thanksgiving meal is going to be tomorrow, and I’m sure it will be delicious, one thing is for certain: the nationwide average for mortgage rates has never been lower in the history of the modern mortgage according to Freddie Mac’s weekly Primary Mortgage Market Survey.
Mortgage Rates Drop to NEW Record Lows
by Eric Mally on November 15, 2012 in Mortgage Rates, Mortgage Updates and Changes, Refinance Mortgage
After tiptoeing the record line for the past six weeks, mortgage rates set a new record low this week. Credit it to whatever you want: President Obama winning the election, Jay Cutler getting concussed, or Thanksgiving coming around the corner. The fact of the matter is that the nationwide average for mortgage rates across the country has never been lower according to Freddie Mac’s weekly Primary Mortgage Market Survey.
Freddie Mac Suspends Evictions in Sandy’s Major Disaster Areas
by Eric Mally on November 14, 2012 in Zing Zone
As you most certainly know – or should know – by now, Hurricane Sandy tore up the east coast like that kid whose mom deactivated his World of Warcraft account. What you might not know is that Freddie Mac found it in the goodness of their heart to suspend evictions and foreclosures in homes secured by Freddie Mac in eligible disaster areas.
