Freddie Mac: Mortgage rates slip down

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Freddie Mac’s Mortgage rate survey explained. Research Note: Freddie Mac’s Primary Mortgage Market Survey (PMMS) is the longest running weekly survey of mortgage interest rates in the United States. Since Freddie Mac launched its survey in 1971, others have begun collecting and reporting mortgage rate information.

 · Freddie Mac, citing such recent global pressures, has revised its forecast for the 30-year fixed rate mortgage down by 30 basis points or 3.6% for 2016 and by 50 basis points or 4.0% for 2017. For the week ending July 7, 30-year FRMs averaged 3.41%, just 10 basis points away from the recorded all-time historic low.

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Freddie Mac said on Thursday. Thirty-year mortgage rates averaged 4.06% in the week ended May 23, down 1 basis point from the week before, while the average 15-year mortgage rate was 3.51%, 2 basis.

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 · Mortgage rates have moderated after climbing in April, according to Freddie Mac’s latest Primary Mortgage Market Survey. The 30-year fixed-rate mortgage.

Mortgage buyer Freddie Mac said Thursday the average rate on the 30-year, fixed-rate mortgage slipped to 4.06% from 4.07% last week. By contrast, a year ago the benchmark rate stood at 4.66%.

Mortgage rates for the Freddie Mac Enhanced Relief Refinance are low and competitive, but they vary based on the lender. Shop FMERR lenders here to get a rate quote. Taxes and the Freddie Mac.

The average 30-year fixed mortgage rate fell to 10-week lows, Freddie Mac reports, as the Fed decided to leave short term rates unchanged. The 30-year fixed rate averaged 3.42% for the week ending.

View the latest mortgage rates from the FHFA, MBA or Freddie Mac surveys, with charts.

Should you choose low mortgage rates and high processing fees, or vice versa? The normal fees for mortgage loans, also known as closing costs, are quite steep. Expect to pay between 3 and 5 percent of the home’s purchase price in such fees. Fees vary according to the lender.

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WASHINGTON (1/22/16)–Mortgage rates fell for the third straight week this week, slipping to their lowest levels since November, according to Freddie Mac’s weekly mortgage survey. The 30-year fixed-rate mortgage rate averaged 3.81% for the week ending Jan. 21, down from 3.92% the prior week.

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Mortgage Rates In Freddie Mac Survey Slip For First Time In Three Weeks.. (FRM) averaged 6.88 percent, with an average 0.7 point, for the week ending February 8, 2002, down from 7.02 percent last week. Last year at this time, the 30-year FRM averaged 6.98 percent.