Mortgage Rates Drop

Mortgage rates made a significant drop this past week according to a report from the Federal Home Loan Mortgage Corporation (Freddie Mac). Freddie reported that nationwide average 30-year fixed rate mortgages dropped from 6.22% in its previous report to 6.17% in its latest report period. The report was issued today.

15-year fixed rate mortgages also fell slightly from 5.90% last week to 5.89% this week. 5-year adjustable rate mortgages fell to 5.92%, which is down slightly from 5.93% the previous week.

1-year adjustable rate mortgages dropped to 5.45%, compared to 5.47% the week before.

Here are the current average mortgage rates nationwide as provided by the Federal Home Loan Mortgage Corporation (Freddie Mac):

		Rates This Week	Last Week's Rate
30-year Fixed		6.17%	6.22%
15-year Fixed		5.89%	5.90%
5-year ARM		5.92%	5.93%
1-year ARM		5.45%	5.47%

Bob Roscoe, Mortgage Marketing Associates, Minneapolis, Minnesota
Free Mortgage Rate Float Down

Mortgages Rates Bounce Upward

Nationwide average mortgage rates bounced upward this past week according to The Federal Home Loan Mortgage Corporation (Freddie Mac), with 30-year fixed rate mortgages averaging 6.22%, which is a hefty bump from last week's average rate of 6.17%. Freddie released the statistics today in its Weekly Primary Mortgage Market Survey.

15-year fixed rate mortgages also reported an increase from 5.87% in last week's survey to 5.90% in this week's report. 5-year adjustable rate mortgages rose from 5.92% the previous week to 5.93% this week.

Meanwhile, 1-year adjustable rate mortgages came in at 5.47%, which is up from 5.44% last week.

Here are the current average mortgage rates nationwide as provided by the Federal Home Loan Mortgage Corporation (Freddie Mac):

		Rates This Week	Last Week's Rate
30-year Fixed		6.22%	6.17%
15-year Fixed		5.90%	5.87%
5-year ARM		5.93%	5.92%
1-year ARM		5.47%	5.44%

Bob Roscoe, Mortgage Marketing Associates, Minneapolis, Minnesota
Real Estate News

Mortgages Rates Sneak Upwards

Nationwide average mortgages resumed sneaking upwards this past week according to a report from Freddie Mac (Federal Home Loan Mortgage Corporation). Freddie stated in its latest Weekly Primary Mortgage Market Survey that 30-year fixed mortgage rates averaged 6.17% in the latest reporting period. This is a slight increase from 6.16% last week.

Meanwhile, 15-year fixed mortgage rates also increased slightly from 5.86% the previous week to 5.87% in the latest reporting period. 5-year adjustable rate mortgages also posted a significant uptick from 5.88% to 5.92% this past week.

One-year adjustable rate mortgages averaged 5.44%, which is only a small increase from the rate of 5.43% the previous week.

Here are the current average mortgage rates nationwide as provided by the Federal Home Loan Mortgage Corporation (Freddie Mac):

		Rates This Week	Last Week's Rate
30-year Fixed		6.17%	6.16%
15-year Fixed		5.87%	5.86%
5-year ARM		5.92%	5.88%
1-year ARM		5.44%	5.43%

Bob Roscoe, Mortgage Marketing Associates, Minneapolis, Minnesota
Our Mortgage Blog

30-year Mortgage Rates Flat, shorter term Rates Drop

30-year fixed rate mortgage rates remained flat this past week at 6.16% according to the Weekly Primary Mortgage Market Survey released today by Freddie Mac, or the Federal Home Loan Mortgage Corporation. Freddie releases the results of its weekly survey on Thursdays.

15-year fixed rate mortgages managed a slight decrease and dropped from 5.90% last week to 5.86% this week. Meanwhile, five-year adjustable rate mortgages also fell from 5.91% to 5.88% in the latest survey.

One-year adjustable rate mortgage rates increased slightly to 5.43%, which is up from the rate of 5.40% the previous week.

Here are the current average mortgage rates nationwide as provided by the Federal Home Loan Mortgage Corporation (Freddie Mac):

		Rates This Week	Last Week's Rate
30-year Fixed		6.16%	6.16%
15-year Fixed		5.86%	5.90%
5-year ARM		5.88%	5.91%
1-year ARM		5.43%	5.40%

Bob Roscoe, Mortgage Marketing Associates, Minneapolis, Minnesota
Free Mortgage Rate Floatdown

Mortgage Rates Move Upward

Nationwide average mortgage rates moved upward this past week according to a report by the Federal Home Loan Mortgage Corporation (Freddie Mac). Freddie reported in its Primary Mortgage Market Survey that 30-year fixed rate mortgages were averaging 6.16% this past week. This is up from 6.14% the previous week.

15-year fixed mortgage rates also increased from 5.88% in the previous report to 5.90% in the latest survey. 5-year adjustable rate mortgages nudged up to 5.91% from 5.90% the prior week.

Meanwhile, one-year adjustable rate mortgages fell from 5.42% to 5.40%.

Here are the current average mortgage rates nationwide as provided by the Federal Home Loan Mortgage Corporation (Freddie Mac):

		Rates This Week	Last Week's Rate
30-year Fixed		6.16%	6.14%
15-year Fixed		5.90%	5.88%
5-year ARM		5.91%	5.90%
1-year ARM		5.40%	5.42%

Bob Roscoe, Mortgage Marketing Associates, Minneapolis, Minnesota
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