Continuing their sideways trend, mortgage rates hung out within the same .10 percent range over the last week, according to Freddie Mac’s weekly survey of average rates. Analysts are finally seeing the issues over the debt ceiling to have a visible impact on longer-term bonds, which may translate to lower interest rates. We’ll have to
We’re seeing a continuation of the trend of improving mortgage rates. According to Freddie Mac’s latest survey of average rates, the rate for a 30-year fixed-rate mortgage fell for the fourth straight week. This is welcome news to those eager to jump on the bandwagon for spring home-buying season. However, there are still challenges buyers
Volatility reigned last week, leaving mortgage rates higher once again, according to the weekly survey of average mortgage rates put out by Freddie Mac. Even though rates have been bouncing around, data continues to show that the housing market continues to move to a more balanced environment. Declines in demand for home purchases continue to
