Archive for fixed-rate

Bankrate: Mortgage Rates Are at a Low for 2017

Posted by Michael Bates on August 31, 2017

According to Bankrate.com’s weekly national survey, mortgage rates fell to their lowest level of the year, with the benchmark 30-year fixed mortgage rate now at 3.97%. This is the first time the rate has been below 4% since last November. [Read More]

30-Year Fixed Now At Its Lowest Level Since November

Posted by Michael Bates on August 25, 2017

Freddie Mac says the 30-year fixed-rate mortgage (FRM) averaged 3.86% with an average 0.5 point for the week ending Aug. 24, 2017, which is the lowest rate since Nov. 10, 2016. A year ago at this time, the 30-year FRM [Read More]

MBA: Mortgage Application Volume Increased 4.0%

Posted by Lauren Tyler on January 25, 2017

Including an adjustment for the Martin Luther King Jr. holiday, mortgage applications increased 4.0% from one week earlier during the week ended Jan. 20, according to the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey. On an unadjusted basis, total [Read More]