Mortgage rates fell a bit last week, with the average 30-year fixed-rate mortgage rate slipping to 4.32% in the week ended today from 4.37% a week ago, according to Freddie Mac’s (FMCC) latest weekly Primary Mortgage Market Survey. A year ago that rate averaged 3.54%. The average 15-year fixed-rate mortgage rate also slipped, to 3.32% from 3.38% a week earlier and 2.72% a year ago.
A similar 30-year mortgage rate measured by the Mortgage Bankers Association’s latest weekly survey slipped to 4.50% from 4.52% a week earlier. The average rate for so-called jumbo loans of more than $417,000 fell to 4.39% from 4.41%. That survey also showed mortgage applications decreased by 1.2% in the latest week.
Just back out of hospital in early March for home recovery. Therapist coming today.
Sales fell 5.9% from September and 28.4% from one year ago.
Housing starts decreased 4.2% to a seasonally adjusted annual rate of 1.43 million units in…
OneKey MLS reported a regional closed median sale price of $585,000, representing a 2.50% decrease…
The prices of building materials decreased 0.2% in October
Mortgage rates went from 7.37% yesterday to 6.67% as of this writing.
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