Tag Archives: rates

Don’t Put Off That Home Purchase – Mortgage Rates

Up Slightly

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Freddie Mac’s weekly survey of the mortgage market showed fixed rates increasing after stronger-than-expected employment reports. “The economy added 163,000 jobs in July, well above the market consensus forecast of 100,000, and the largest increase since February,” Freddie Mac Chief Economist Frank Nothaft says. “In addition, the number of announced corporate layoffs fell 45 percent

HOW LOW CAN MORTGAGE RATES GO?

Mortgage rates were back to hitting record lows again, pushing housing affordability even higher to home buyers, Freddie Mac reports in its weekly mortgage market survey. For the sixth consecutive week, the 30-year fixed-rate mortgage, the most popular choice among buyers, has averaged below 4 percent — unheard of until a few weeks ago. “Mortgage

HOW LOW CAN MORTGAGE INTEREST RATES GO?

interest-rates-forecast-will-mortgage-rates-go-lower-in-september

The Federal Reserve’s policy-making committee met yesterday and today to decide whether the economy could use another boost. Threats from the ongoing debt crisis in Europe, a dismal U.S. job report in May, low inflation, and dropping consumer prices has shaken the U.S.’s economic recovery in recent weeks. Some analysts speculate that the Fed will