Posted on 16 September 2009
Tags: 15-year fixed home mortgage rates, 30-year fixed mortgages, average home loan rate, MBA’s Market Composite Index, Mortgage Bankers Association’s weekly mortgage application survey, Primary Mortgage Market Survey, Refinance Index
According to the survey released by the Mortgage Bankers Association’s Weekly Mortgage Application Survey 30-year mortgage rates are higher and 15-year mortgage rates are lower. Adjustable mortgage rates are also lower .
30-year fixed mortgages
For 30-year fixed mortgages the average contract mortgage rate has increased from 5.02 % to 5.08 %, with points decreasing from 1.23 to 0.98 for the week ending September 11, 2009. In Freddie Mac’s recent Primary Mortgage Market Survey that has been released on last Thursday the average conforming 30-year mortgage rate was at 5.07 %.
15-year fixed home mortgage rates
15-year fixed home mortgage rates fell from 4.45 % to 4.41 %, with points that decreased from 1.13 to 1.12 for the week ending September 11, 2009. In Freddie’s PMMS survey 15-year mortgage rates were averaging 4.50 %.
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Posted on 13 August 2009
Tags: adjustable rate mortgages, ARMs, Freddie Mac, interest rate, long-term fixed-rate mortgage rates, mortgage, Primary Mortgage Market Survey, rise in mortgage rates, U.S. 30-year fixed-rate mortgages, US Mortgage rates, weekly survey of Freddie Mac
According to a survey that has been released on Thursday by home funding company Freddie Mac , in the latest week, there has been a rise of 0.07 percentage point in the interest rates on U.S. 30-year fixed-rate mortgages.
For the week ending Aug. 13, interest rates on the 30-year fixed-rate mortgage averaged 5.29%, with an average 0.7 point, which has increased from the previous week’s 5.22%.
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