Mortgage Financing

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Market Conditions Mortgage Rates Down Again The National Average Mortgage Rate declined for the fifth consecutive week to 6.31%.  This is good news for sellers and buyers of real estate as it reflects some stabilization in the market.
Market Conditions Dramatic Drop in Mortgage Rate The National Average Mortgage rate is 6.33% this week as reported by Freddie Mac.  This is the fourth consecutive week of decline in the rate.  In fact the rate has declined three quarters of a percent in this period, the sharpest decline since 2008.
Market Conditions Mortgage Rate Declines for third week Mortgage rates continued to decline this week as optimism that the Federal Reserve will slow Fed Rate hikes.  The optimism is based on indications that the actions of the Federal Reserve have started working to control inflation.
Mortgage Financing National Average Mortgage Rate
Mortgage Financing Good News or Better Record-keeping? Probably both.  Freddie Mac reported the National Average Mortgage rate dropped to 6.61% this week down from 7.08% reported last week.  The commentary cited incoming data suggesting inflation may have peaked (the good news).  In the same report, Freddie announced enhancements they’ve made in reporting the weekly average rate.  They’ve expanded and changed their dataset […]
Mortgage Financing Average Mortgage Rate dips below 7% this week Amid continuing economic uncertainty, the National Average Mortgage rate dipped below 7% this week as reported by Freddie Mac.
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