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Freddie Mac: Mortgage rates continue to remain low

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Freddie Mac’s Primary Mortgage market survey (pmms) showed that the 30-year fixed-rate mortgage (FRM) was 3.82% with an average 0.6 point for the week ending June 13, consistent from the prior week.

Mortgage rates are around a two-year low, and Freddie Mac predicts they’ll stay that way through 2020. The mortgage-finance company recently revised its forecast for the average 30-year fixed-rate.

This has informed our decision to lower our unemployment rate forecast to 3.7% for the second quarter of 2019, and we expect it to remain flat for the remainder of 2019, before increasing in 2020. Overall, we expect the unemployment rate to be 3.8% and 3.9% in 2019 and 2020, respectively. Mortgage rates continue to decline since the beginning of 2019

Mortgage rates continue to remain at historic lows, but Freddie Mac is insisting that this situation is helping to stabilize the housing market. Freddie Mac’s latest Primary Mortgage Market Survey (PMMS) found the 30-year fixed-rate mortgage (FRM) averaged 3.42 percent for the week ending Sept. 29, down from last week’s 3.48 percent.

Denmark, one of the few countries outside of the United States with a 30-year fixed-rate mortgage, saw its mortgage rate fall as low as 0.5%. While we are not projecting the 30-year fixed-rate mortgage in the United States to come anywhere close to that rate anytime soon, the mortgage rate trend in Denmark provides an example of the enormous downward pressure on long-term interest rates around the world.

MCLEAN, Va., April 04, 2019 (GLOBE NEWSWIRE) — Freddie Mac (OTCQB: FMCC) today released the results of its Primary Mortgage Market Survey (PMMS ), showing that mortgage rates held steady after seeing major drops last week. sam khater, Freddie Mac’s chief economist, says, "Purchase mortgage application demand saw the second highest weekly increase over the last year and thanks to a.

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The U.S. Federal Home Loan Mortgage Corporation, commonly known as Freddie Mac, said on Monday that the 30-year fixed-rate mortgage is expected to average 4.3 percent for 2019, which is below last.

Mortgage Rates Remain Low Heading into holiday weekend mclean, VA–(Marketwired – Aug 28, 2014) – Freddie Mac ( OTCQB : FMCC ) today released the results of its Primary Mortgage Market Survey (PMMS ), showing average fixed mortgage rates largely unchanged amid mixed news on the housing front heading into the Labor Day weekend.

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