Freddie Mac has released the results of its Primary Mortgage Market Survey (PMMS), showing fixed-rate mortgages following U.S. Treasury bond yields higher this week on signs of stronger consumer spending. This week, the 30-year fixed-rate mortgage (FRM) averaged 3.51 percent with an average 0.7 point for the week ending May 16, 2013, up from last week when it averaged 3.42 percent. Last year at this time, the 30-year FRM averaged 3.79 percent. The 15-year FRM this week averaged 2.69 percent with an average 0.7 point, up from last week when it averaged 2.61 percent.Click to continue

The 30-year fixed mortgage rate on Zillow Mortgage Marketplace is currently 3.48 percent, up nine basis points from 3.39 percent at this same time last week. The 30-year fixed mortgage rate hovered between 3.39 and 3.41 percent for the majority of the week before rising near the current rate on Friday.Click to continue

The 30-year fixed mortgage rate on Zillow Mortgage Marketplace is currently 3.39 percent, up fourteen basis points from 3.25 percent at this same time last week. This represents the first rate increase since late March. The 30-year fixed mortgage rate hovered between 3.26 and 3.30 percent for the majority of the week before jumping up to the current rate on Friday.Click to continue

Freddie Mac  has released the results of its Primary Mortgage Market Survey (PMMS), showing average fixed mortgage rates moving lower for the fifth consecutive week amid the weaker than expected first quarter economic growth advance estimate. This week, the 30-year fixed-rate mortgage dropped to 3.35 percent is hovering just above its all-time record low of 3.31 percent set the week of Nov. 21, 2012, with an average 0.7 point for the week ending May 2, 2013, down from last week when it averaged 3.40 percent. Last year at this time, the 30-year FRM averaged 3.84 percent.Click to continue

Mortgage applications increased 1.8 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending April 26, 2013. The Market Composite Index, a measure of mortgage loan application volume, increased 1.8 percent on a seasonally adjusted basis from one week earlier. On an unadjusted basis, the Index increased two percent compared with the previous week. The Refinance Index increased three percent from the previous week and is at its highest level since the week ending Jan. 18, 2013.Click to continue

The 30-year fixed mortgage rate on Zillow Mortgage Marketplace is currently 3.25 percent, down six basis points from 3.31 percent at this same time last week. This represents the lowest rate since Jan. 15. The 30-year fixed mortgage rate hovered between 3.33 and 3.28 percent for the majority of the week, before dropping to the current rate this morning.Click to continue

Freddie Mac has released the results of its Primary Mortgage Market Survey (PMMS), showing average fixed mortgage rates moving lower for the fourth consecutive week continuing to support the ongoing housing recovery. This week, the 30-year fixed-rate mortgage (FRM) averaged 3.40 percent with an average 0.8 point, down from last week when it averaged 3.41 percent. Last year at this time, the 30-year FRM averaged 3.88 percent.Click to continue

The 30-year fixed mortgage rate on Zillow Mortgage Marketplace is currently 3.31 percent, down three basis points from 3.34 percent at this same time last week. The 30-year fixed mortgage rate remained relatively flat for the majority of the week, hovering between 3.34 and 3.32 percent and dropping to the current rate this morning.Click to continue

Freddie Mac has released the results of its Primary Mortgage Market Survey (PMMS), showing average fixed mortgage rates moving lower this week amid data showing weaker consumer spending, as the 30-year fixed-rate mortgage (FRM) averaged 3.41 percent with an average 0.7 point for the week ending April 18, 2013, down from last week when it averaged 3.43 percent. Last year at this time, the 30-year FRM averaged 3.90 percent. This marks the third consecutive week fixed-rate mortgages have moved lower as the housing market continues to recover.Click to continue

Mortgage applications increased 4.8 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending April 12, 2013. The Market Composite Index, a measure of mortgage loan application volume, increased 4.8 percent on a seasonally adjusted basis from one week earlier. On an unadjusted basis, the Index increased five percent compared with the previous week. The Refinance Index increased five percent from the previous week and is at its highest level since mid-January of 2013.Click to continue