Redfin Mortgage expands to Pennsylvania, targets other states

Seattle-based tech-powered brokerage Redfin today announced the expansion of Redfin Mortgage into Pennsylvania — the fourth market added since Redfin Mortgage’s launch in January …

Mortgage Rates Inch Lower

Mortgage rates moved lower this week, with the 30-year, fixed rate averaging 3.90 percent, a decrease from 3.92 percent the week prior, according to Freddie Mac’s recently released Primary Mortgage Market Survey® (PMMS®). The 15-year, fixed rate averaged 3.30 percent, down from 3.32 percent the week prior, while the five-year, Treasury-indexed hybrid adjustable rate averaged […]

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30-Year Mortgage Rate Lands Above 4 Percent

Mortgage rates are making upward moves again, with the average 30-year, fixed rate clearing 4 percent this week, landing at 4.03 percent, according to Freddie Mac’s recently released Primary Mortgage Market Survey® (PMMS®). The average 15-year, fixed rate came in at 3.29 percent, while the average 5-year, Treasury-indexed hybrid adjustable rate came in at 3.28 […]

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Mortgage Rates Hedge Up

Mortgage rates are hedging up, with the average 30-year, fixed rate jumping from 3.88 percent last week to 3.96 percent this week, according to Freddie Mac’s recently released Primary Mortgage Market Survey® (PMMS®). The average 15-year, fixed rate also leapt, from 3.17 percent last week to 3.22 percent this week, while the average 5-year, Treasury-indexed […]

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Mortgage Rates: How Low Will They Go?

How low will they go? Mortgage rates limboed down again this week, with the 30-year, fixed rate—3.88 percent—marking a new low for 2017, according to Freddie Mac’s recently released Primary Mortgage Market Survey® (PMMS®). Both the 15-year, fixed rate and the 5-year, Treasury-indexed hybrid adjustable rate moved down to 3.17 percent. “The 30-year mortgage rate […]

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Mortgage Rates Click Down

Mortgage rates on average clicked down this week, continuing steady at low levels, according to Freddie Mac’s recently released Primary Mortgage Market Survey® (PMMS®). The 30-year, fixed mortgage rate was 3.90 percent, on average, while the 15-year, fixed rate was 3.17 percent, on average. The 5-year, Treasury-indexed hybrid adjustable rate was 3.14 percent, on average. […]

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Mortgage Rates Stay Within Range

Mortgage rates stayed within the 4 percent range this week, with the 30-year, fixed rate averaging 4.05 percent, according to Freddie Mac’s recently released Primary Mortgage Market Survey® (PMMS®.) Rates rose above 4 percent following the presidential election in November, and have fluctuated since. The 15-year, fixed rate, at the same time, averaged 3.29 percent, […]

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Mortgage Rates Held in Wait of Fed Decision

Mortgage rates held in wait of the Federal Reserve’s decision on the key interest rate this week, according to Freddie Mac’s latest Primary Mortgage Market Survey® (PMMS®). The 30-year, fixed rate averaged 4.02 percent—a nudge down from 4.03 percent the week prior—while the 15-year, fixed rate averaged 3.27 percent. The 5-year, Treasury-indexed hybrid adjustable mortgage […]

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Mortgage Rates Fall Again

Mortgage rates fell again this week, with the 30-year fixed mortgage rate averaging 4.14 percent, nine basis points below last week’s 4.23 percent, according to Freddie Mac’s recently released Primary Mortgage Market Survey® (PMMS®). The 15-year fixed rate moved down, as well, from 3.44 percent last week to 3.39 percent this week, while the 5-year […]

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Mortgage Rates Make Steepest Drop in Two-Plus Months

The average 30-year fixed mortgage rate slumped seven basis points this week to 4.23 percent, the steepest drop in more than two months, according to Freddie Mac’s recently released Primary Mortgage Market Survey® (PMMS®). The 15-year fixed mortgage rate made a similarly sharp decline at an average 3.44 percent; the average 5-year Treasury-indexed hybrid adjustable mortgage […]

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