Freddie Mac: Mortgage rates once again drop to new yearly lows

Mortgage rates moved lower this week, reversing the trend seen over six weeks of increases.. 1st 2012 | Comments Off on FHFA Plans For New Secondary Mortgage Market Framework. The Federal Housing Finance Agency (FHFA) is hoping to improve the business practices of Freddie Mac and Fannie Mae.

Sean Becketti, chief economist of Freddie Mac, "In a short week following Presidents Day, the 10-year Treasury yield fell about 8 basis points. However, the 30-year mortgage rate rose 1 basis point to.

News Update: Mortgage Rates Drop to Yearly Low (NYSE:FRE) Historical Mortgage Rates: Averages and. – ValuePenguin – Mortgage rates today remain at historical lows, with over 60% of mortgage holders paying rates between 3.00% and 4.90% as of 2015. We used interest rate data from Freddie Mac’s Primary Mortgage Market Survey (PMMS) to examine historical mortgage rates and the factors that have impacted their downward trend. Historical Mortgage Rates

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Fixed mortgage rates hit yet another low for the year during the week ended May 12, according to Freddie Mac’s Primary Mortgage Market Survey.. The average rate for a 30-year, fixed-rate mortgage (FRM) was 3.57%, down from 3.61% the previous week.

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 · U.S. mortgage rates fell, decreasing borrowing costs after more Americans applied for home loans. The average rate for a 30-year fixed mortgage was 3.32 percent in the week ended today, down from.

Average mortgage rates hit a new 2014 low this week, even after a steep drop last week, according to the weekly Freddie Mac Primary Mortgage Market Survey. The average rate on a 30-year fixed-rate mortgage fell again to 3.92 percent from 3.97 percent last week-a 27-basis point drop from the beginning of October.

In a good sign for home loan rates, yields on 30-year mortgage-backed bonds issued by Fannie Mae and Freddie Mac fell on Tuesday to new 52-week lows as long-term Treasury bond yields also slumped. The benchmark Fannie Mae yield slid to 3.87% from 3.92% on Monday; the benchmark Freddie Mac yield dropped to 3.90% from 3.96%.

For the second straight week, the 30-year fixed rate mortgage fell to a new, all-time low nationwide. According to Freddie Mac’s weekly mortgage rate survey, the average 30-year fixed rate mortgage rate dropped 1 basis point to 3.83% this week for borrowers willing to pay 0.7 discount points plus a full set of closing costs.

In a speech before a University of Maryland and New York University event in January, Neugebauer said increased fees levied by Fannie Mae and Freddie Mac. mortgage securities. Lawmakers and.

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