Zillow: 30-year FRMs drop for second week in a row

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I cover the history of mortgages from the 1930s to today. FDR and World War II had substantial impact. Fannie Mae was born in 1938. Freddie Mac didn’t begin tracking mortgage rates until 1971. 2000 was the last year that mortgage rates (30-year FRMs) exceeded 8%. The median 30-year.

Source: Housingwire By Kerri Ann Panchuk Average home prices grew by 2.2% from April to May, according to the latest Standard & Poor’s/Case-Shiller Home Price Indices report.

Mortgages rates dropped for the second week in a row and just the third time this year. According to the latest data released Thursday by Freddie Mac, the 30-year fixed-rate average slid to 4.40 percent with an average 0.5 point. (Points are fees paid to a lender equal to 1 percent of the loan amoun

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 · The decline surpassed the 0.07 percentage point drop seen one week earlier to end a streak of sizable rate declines that had occurred throughout December 2009. Likewise, average rates for 30-year FRMs declined as well, falling 0.05 percentage points to remain under 5 percent at 4.94 percent.

Mortgage rates for 30-year fixed mortgages rose dipped slightly from last week’s figures, according to Zillow’s Mortgage Marketplace. current rate borrowers were quoted interest rates of 4.03% on.

Trading has been thin this week, and warnings. its profit outlook. – Zillow, which operates a real-estate website, dropped $6.98, or 8 percent, to $83.73. After the market closed Tuesday, the.

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It was 3.8 percent a week ago and 3.67 percent a year ago. "Mortgage rates rose this week, riding strong Chinese economic data to their highest levels in almost a month," said Matthew Speakman, a.

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Mortgage buyer Fannie Mae reported on Monday its posted yields for the week ended July 25, 2014. All yields quoted are net of servicing fees. Compared to the previous week’s figures, yields did not move that much during last week, though there was a slight increase reported for all types mortgage covered by Fannie Mae’s [.]

Interest Rates Up – Second Week in a Row! Stronger than expected employment rates caused fixed mortgage rates to increase for the second week in a row. Rates for the week ending August 9, 2012 were as follows: – 30-Year Fixed Rate Mortgage – Averaged 3.59% with an average .6 point. This is an increase from last week’s average of 3.55%.

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