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Freddie Mac weekly mortgage report: Mortgage rates surge. Freddie Mac reports an average 6.32% for a 30-year fixed-rate mortgage, up 20 basis points from last week's average 6.12%, according to ...
New data from Freddie Mac shows the benchmark 30-year fixed-rate mortgage trending to its lowest rate in two years as of Friday, September 27, 2024, while daily average rates reported by lenders ...
Freddie Mac weekly mortgage report: Mortgage rates continue to increase. Freddie Mac reports an average 6.44% for a 30-year fixed-rate mortgage, up 12 basis points from last week's average 6.32% ...
Freddie Mac weekly mortgage report: Mortgage rates show little movement. Freddie Mac reports an average 6.78% for a 30-year fixed-rate mortgage, up 1 basis point from last week's average 6.77% ...
An Alt-A mortgage, short for Alternative A-paper, is a type of U.S. mortgage that, for various reasons, is considered riskier than A-paper, or "prime", and less risky than " subprime," the riskiest category. For these reasons, as well as in some cases their size, Alt-A loans are not eligible for purchase by Fannie Mae or Freddie Mac. [1]
The fixed rate for a 15-year mortgage is 5.99%, up 28 basis points from last week's average 5.71%. These figures are lower than a year ago, when rates averaged 7.76% for a 30-year term and 7.03% ...