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Mortgage rates were mostly down this week, according to the latest Freddie Mac Primary Mortgage Market Survey (PMMS)
Mortgage rates were mostly down this week, according to the latest Freddie Mac Primary Mortgage Market Survey (PMMS).   The 30-year fixed-rate mortgage (FRM) averaged 3.88 percent for the week ending Oct. 19, down from last week when it averaged 3.91 percent. The 15-year FRM this week averaged 3.19... Keep Reading....
RealtyTrac and Local Market Monitor released a special report that shows the top housing markets for good health and building real estate wealth are in Texas, North and South Dakota, Utah, North Carolina, California, Tennessee, Montana, Wyoming, Iowa and Arkansas. “While families have many good... more
Upward momentum in U.S. house prices remained strong in the second quarter, as prices rose 2.1 percent from the previous quarter, according to the Federal Housing Finance Agency (FHFA) House Price Index (HPI). This is the eighth consecutive quarterly price increase in the purchase-only, seasonally... more
Existing-home sales rose strongly in July, with the median price maintaining double-digit year-over-year increases, according to the National Association of Realtors (NAR). Total existing-home sales, which are completed transactions that include single-family homes, townhomes, condominiums and co-... more
Rates on the most popular mortgage types rose considerably, according to HSH.com's Weekly Mortgage Rates Radar, as the average rate for conforming 30-year fixed-rate mortgages increased by 12 basis points (0.12 percent) to 4.61 percent. Conforming 5/1 Hybrid ARM rates rose by seven basis points (0.... more