A homebuyer would lose $23,250 in spending power with a mortgage rate of 3.25% versus a 2.75% rate, where they were sitting earlier this year, according to a report from Redfin (www.redfin.com). At a 3.25% interest rate, a homebuyer can ...

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  The 16-county Charlotte housing market continued its run of steady gains in both home sales and prices in February.  According to data from Canopy MLS, year-over-year home sales rose 3.6 percent with 3,144 homes sold in February 2020.  Compared ...

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Freddie Mac (OTCQB: FMCC) has released the results of its Primary Mortgage Market Survey® (PMMS®), showing that the 30-year fixed-rate mortgage (FRM) averaged 3.72 percent. “The combination of improved economic data and market sentiment has led to stability in mortgage ...

Tagged with: mortgage rates

Freddie Mac has released the results of its Primary Mortgage Market Survey® (PMMS®), showing that the 30-year fixed-rate mortgage (FRM) averaged 3.60 percent. “Rates fell to the lowest level in three months and are about a quarter point above all-time ...

Tagged with: mortgage rates

Freddie Mac has released the results of its Primary Mortgage Market Survey® (PMMS®), showing that the 30-year fixed-rate mortgage (FRM) averaged 3.68 percent, increasing slightly since last week. “Following a decline in the first nine months of 2019, mortgage rates ...

Tagged with: mortgage rates

Freddie Mac (OTCQB: FMCC) has released the results of its Primary Mortgage Market Survey®(PMMS®), showing that the 30-year fixed-rate mortgage (FRM) averaged 3.65 percent. “Mortgage rates inched up by one basis point this week with the 30-year fixed-rate mortgage averaging ...

Tagged with: mortgage rates

Freddie Mac has released the results of its Primary Mortgage Market Surveyâ(PMMSâ), showing that the 30-year fixed-rate mortgage (FRM) averaged 3.69 percent. “After a year-long slide, mortgage rates hit a cycle low in September 2019 and have risen in six ...

Tagged with: mortgage rates

Freddie Mac (OTCQB: FMCC) has released the results of its Primary Mortgage Market Surveyâ(PMMSâ), showing that the 30-year fixed-rate mortgage (FRM) averaged 3.69 percent. “After a year-long slide, mortgage rates hit a cycle low in September 2019 and have risen ...

Tagged with: mortgage rates

Freddie Mac (OTCQB: FMCC) has released the results of its Primary Mortgage Market Survey® (PMMS®), showing that the 30-year fixed-rate mortgage (FRM) averaged 3.66 percent. “The housing market continues to steadily gain momentum with rising homebuyer demand and increased construction ...

Tagged with: mortgage rates

Freddie Mac has released the results of its Primary Mortgage Market Survey® (PMMS®), showing that the 30-year fixed-rate mortgage (FRM) averaged 3.78 percent. “This week marks the third consecutive week of rate increases, which hasn’t happened since April of this ...

Tagged with: mortgage rates