Freddie Mac’s Prime Mortgage Market Survey released today shows that mortgage rates improved based on average conforming rates last week.

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Freddie Mac’s Prime Mortgage Market Survey released today shows that mortgage rates improved based on average conforming rates last week.

Freddie Mac’s weekly Prime Mortgage Market Survey shows that the average conforming rate last week reached a four year high with the 30 year at 4.58% priced with a half point.

This morning, Freddie Mac released their weekly report on the direction of conforming mortgage rates. The graph from the Prime Mortgage Market Survey is quite telling. Mortgage rates have been pushing higher for the last 6 months. As the economy improves, it would be likely to see rates continue in this direction. The 30 year fixed is up 0.44 in rate from the low of 3.78 recorded in September 2017 and has not been reported this high since last March. Click here for quote with current mortgage rates.

Freddie Mac’s weekly survey of mortgage rates (PMMS) were released this morning showing rates remaining at near record lows.

Click here for current rates for your home located in Washington state. [Read more…]
Freddie Mac’s PMMS was released this morning showing that mortgage appear to be calming down…for now.

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