Freddie Mac Reports Mortgage Rates Down Last Week

Freddie_Mac_2015-07-30_1110

[Read more…]

Freddie Mac Mortgage Survey reports Mortgage Rates Lower

Freddie Mac’s survey of what mortgage lenders reported for conforming rates last week revealed that mortgage interest rates trended lower. You can see based on the chart below that rates have been bouncing in a tight range, remaining below 4%.

Freddie_Mac_March_26_2015

[Read more…]

Freddie Mac Reports Lowest Mortgage Rates since May 2013

2015-01-15_0807_Fredie_Mac_RatesThis morning, Freddie Mac released their weekly mortgage rate report confirming that the 30 year fixed conforming rate is back to record lows from 19 months ago:
[Read more…]

Freddie Mac report reveals lowest mortgage rates of 2014

Every week, Freddie Mac releases their Prime Mortgage Market Survey (PMMS) based on a survey a mix of 125 lenders on what committed mortgage rates and points were during the previous week. Based on Freddie Mac’s report, the average rate for a 30 year fixed rate mortgage averaged 3.80 percent with an average 0.6 points. This is down from last week when it averaged 3.93 percent. A year ago at this time, the 30-year averaged 4.47 percent.

Freddie_Mac_Rate_Dec_18

[Read more…]

Freddie Mac Home Possible® Mortgage in Washington State

Freddie Mac HomePossible Mortgage WA StateFreddie Mac Home Possible® Mortgage in Washington State

The Home Possible® mortgage is a low-down-payment conventional loan program designed to help buyers achieve homeownership with more flexibility and lower upfront costs.

Backed by Freddie Mac, Home Possible allows qualified homebuyers in Washington State to purchase a primary residence with as little as 3% down, while offering reduced mortgage insurance and competitive interest rates.

This program is especially popular with first-time homebuyers in higher-cost areas like Seattle, King County, Pierce County, and Snohomish County, where saving for a large down payment can be challenging.

Update: This article reflects current Home Possible mortgage guidelines for 2026. Program details, income limits, and loan limits are subject to change and should always be verified.

[Read more…]