Housing Wire

MARCH 19, 2025

The average contract interest rate for 30-year fixed-rate mortgages with jumbo loan balances increased to 6.78% from last week’s 6.68%. Interest rates for 5/1 ARMs increased to 5.84% from 5.81%.

Fixed-rate mortgage 401

Fixed-rate mortgage Mortgages Loans VA loan 401

Housing Wire

MARCH 30, 2025

Notably, the rate of multifamily delinquencies currently stands at under 1%, but it is at levels above the 2008 recession. However, there is a big difference between apartment lending and homeowners who have a 30-year fixed-rate mortgage. Some people are trying to imply that we have major stress in homeowner data.

Fixed-rate mortgage 541

Fixed-rate mortgage Bankruptcy Loans Commercial 541

Housing Wire

JANUARY 15, 2025

The average contract interest rate for 30-year fixed-rate mortgages with jumbo loan balances and 30-year fixed-rate mortgages backed by the FHA both saw increases for jumbo loans it was an increase to 7.05% from 6.99%, and for FHA loans the interest rate reached 6.76% from 6.65%. from 16.2%

Fixed-rate mortgage 370

Fixed-rate mortgage Mortgages FHA loan Loans 370

Housing Wire

APRIL 23, 2025

Joel Kan , MBAs vice president and deputy chief economist, attributed the decline to the second straight week of climbing rates , as the average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances increased to 6.90% from last week’s 6.81%.

Fixed-rate mortgage 243

Fixed-rate mortgage Mortgages Loans VA loan 243

Housing Wire

DECEMBER 19, 2024

Total refinance volume increased in the third quarter of 2024 as mortgage rates decreased but remained above the levels observed through 2021, the report added. Mortgage rates fell between June and September: the average interest rate on a 30-year fixed rate mortgage decreased from 6.92% to 6.18%.

Fixed-rate mortgage 396

Fixed-rate mortgage Loans Mortgages Finance 396

Housing Wire

FEBRUARY 12, 2025

The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($766,550 or less) saw marginal movement to 6.95% from 6.97%.

Fixed-rate mortgage 250

Fixed-rate mortgage Mortgages VA loan Loans 250

Housing Wire

JANUARY 8, 2025

Rates for FHA-backed 30-year fixed-rate mortgages dropped from 6.69% to 6.65% during the week, while 15-year fixed loans increased slightly from 6.43% to 6.46%. The FHA share of total applications increased 30 basis points to 16.9% while the VA share increased 50 bps to 16.2%.

Mortgages 448

Mortgages Fixed-rate mortgage Loans Sales 448

Housing Wire

JANUARY 22, 2025

Borrowers with lower equity may face high mortgage payments, but those payments won’t change with under utilized escrow accounts. The survey also found that 45% or respondents mistakenly believe their payments cannot change with a fixed-rate mortgages, up from 36% in 2024.

FHA loan 397

FHA loan Fixed-rate mortgage Equity Mortgages 397

Housing Wire

JUNE 2, 2021

The average contract interest rate for 15-year fixed-rate mortgages increased to 2.56% from 2.53% The average contract interest rate for 5/1 ARMs saw another week of dramatic fluctuation, increasing to 2.54% from 2.81%. The post Fewer people are submitting mortgage applications appeared first on HousingWire.

Fixed-rate mortgage 543

Fixed-rate mortgage Mortgages New Construction Loans 543

Housing Wire

FEBRUARY 19, 2025

While 30-year fixed-rate mortgages with conforming loan balances ($766,550 or less) saw interest rates decrease to 6.93% from 6.95%, interest rates for 30-year fixed-rate mortgages with jumbo loan balances increased to 7.03% from 6.96%. the week prior.

Fixed-rate mortgage 271

Fixed-rate mortgage Loans Mortgages Closing 271

Housing Wire

MARCH 26, 2025

The average contract interest rate for 30-year fixed-rate mortgages with jumbo loan balances decreased to 6.77% from 6.78%. Both the average contract interest rates for 30-year fixed-rate mortgages backed by the FHA and 15-year fixed-rate mortgages remained unchanged at 6.40% and 6.08%, respectively.

Fixed-rate mortgage 239

Fixed-rate mortgage Mortgages Loans VA loan 239

Housing Wire

APRIL 16, 2025

The average contract interest rate for 30-year fixed-rate mortgages increased to 6.81%, up from 6.61% a week earlier, while rates for 30-year fixed mortgages with jumbo loan balances rose by 19 basis points (bps) to 6.84%. Department of Veterans Affairs (VA) share of applications dropped from 15.7%

Fixed-rate mortgage 310

Fixed-rate mortgage Mortgages Loans VA loan 310

Housing Wire

AUGUST 5, 2021

The average 30-year fixed-rate mortgage slipped back down to 2.77% for the week ending August 5, according to mortgage rates data released Thursday by Freddie Mac ‘s PMMS. The week prior, mortgage rates had rebounded slightly to 2.80%.

Fixed-rate mortgage 529

Fixed-rate mortgage Mortgages Lending Renovation 529

Housing Wire

JANUARY 13, 2022

The average 30-year fixed rate mortgage increased to 3.45% during the week ending Jan. 13, up from 3.22% the week prior, according to the latest Freddie Mac PMMS Mortgage Survey. A year ago, the 30-year fixed rate mortgage averaged 2.79%. A year ago at this time, it averaged 2.23%.

Fixed-rate mortgage 505

Fixed-rate mortgage Mortgages Loans Closing 505

Housing Wire

FEBRUARY 26, 2025

The average contract interest rate for 30-year fixed-rate mortgages with jumbo loan balances decreased to 7.00% from 7.03%. Meanwhile, the average contract interest rate for 30-year fixed-rate mortgages backed by the FHA decreased to 6.57% from 6.70%.

Fixed-rate mortgage 211

Fixed-rate mortgage Mortgages Loans Marketing 211

Housing Wire

DECEMBER 28, 2023

As we prepare to bid adieu to 2023, mortgage rates this week again stayed below seven percent. The 30-year fixed-rate mortgage averaged 6.61% as of Dec. 28, a slight decrease from the 6.67% rate recorded on Dec. 21 according to Freddie Mac ‘s Primary Mortgage Market Survey released on Thursday.

Fixed-rate mortgage 505

Fixed-rate mortgage Mortgages Finance Equity 505

Housing Wire

JANUARY 6, 2022

The average 30-year fixed rate mortgage increased to 3.22% during the week ending Jan. 6, up from 3.11% the week prior, according to the latest Freddie Mac PMMS Mortgage Survey. A year ago, the 30-year fixed rate mortgage averaged 2.65%. A year ago at this time, it averaged 2.16%.

Fixed-rate mortgage 511

Fixed-rate mortgage Mortgages Lending Loans 511

Housing Wire

JANUARY 4, 2024

In the first week of 2024, mortgage rates continued to stick around the mid 6% mark. The 30-year fixed-rate mortgage averaged 6.62% as of Jan. 4, a slight increase from the 6.61% rate recorded on Dec. 28 , according to Freddie Mac ‘s Primary Mortgage Market Survey released on Thursday.

Fixed-rate mortgage 468

Fixed-rate mortgage Mortgages MLS Loans 468

Housing Wire

SEPTEMBER 28, 2023

Just before noon on Thursday, they were Freddie Mac ‘s Primary Mortgage Market Survey, which focuses on conventional and conforming loans with a 20% down payment, shows the 30-year fixed rate averaged 7.31% as of Sept. By contrast, the 30-year fixed-rate mortgage was at 6.70% a year ago at this time.

Fixed-rate mortgage 488

Fixed-rate mortgage Mortgages Loans Investor 488

Housing Wire

NOVEMBER 2, 2023

Mortgage rates stabilized this week as the Federal Reserve decided to keep its rates unchanged Wednesday. However, mortgage rates still remain at a 23-year high. The 30-year fixed-rate mortgage averaged 7.76% as of Nov. 2, according to Freddie Mac ‘s Primary Mortgage Market Survey.

Fixed-rate mortgage 493

Fixed-rate mortgage Mortgages MLS Investor 493

Housing Wire

OCTOBER 19, 2023

Rates on the 30-year fixed-rate mortgage eclipsed 8% this week as the Treasury yield surpassed 4.9% Per Mortgage News Daily , mortgage rates touched 8.03% on Wednesday, up from 7.69% the previous week. By contrast, the 30-year, fixed-rate mortgage was at 6.94% a year ago at this time.

Fixed-rate mortgage 493

Fixed-rate mortgage Mortgages Construction Loans 493

Housing Wire

NOVEMBER 18, 2021

Mortgage rates strongly increased above 3% in the week ending November 18, according to the latest Freddie Mac PMMS mortgage report. The 30-year fixed-rate mortgage hit 3.10%, up 12 basis points from 2.98% the week prior. A year ago at this time, the average 30-year fixed-rate loan averaged just 2.72%.

Fixed-rate mortgage 514

Fixed-rate mortgage Mortgages Loans Industrial 514

Housing Wire

JANUARY 27, 2022

The average 30-year-fixed rate mortgage declined one basis point from the week prior to 3.55% during the week ending Jan. 27, according to the latest Freddie Mac PMMS Mortgage Survey. A year ago, the 30-year fixed-rate mortgage averaged 2.77%. A year ago at this time, it averaged 2.20%.

Fixed-rate mortgage 482

Fixed-rate mortgage Mortgages Banks Loans 482

Housing Wire

MARCH 24, 2022

And there’s good reason to believe mortgage rates will be in the 5% range before too long. According to data from Freddie Mac ‘s PMMS survey, mortgage rates on the traditional 30-year fixed-rate mortgage jumped 26 basis points to 4.42% this week, with increases across all loan types.

Fixed-rate mortgage 488

Fixed-rate mortgage Mortgages Banks Loans 488

Housing Wire

NOVEMBER 10, 2021

Mortgage rates fell below 3% in the week ending November 10, according to the latest Freddie Mac PMMS mortgage report. The 30-year fixed-rate mortgage declined to 2.98% last week, falling 11 basis points from 3.09% the week prior. A year ago at this time, the average 30-year fixed-rate loan averaged 2.84%.

Fixed-rate mortgage 501

Fixed-rate mortgage Mortgages Closing Loans 501

Housing Wire

AUGUST 19, 2021

The average 30-year fixed-rate mortgage declined slightly to 2.86% for the week ending in August 19, according to mortgage rates data released Thursday by Freddie Mac ‘s PMMS. The week prior, mortgage rates rose to 2.87% , after six consecutive weeks of mortgage rate declines.

Fixed-rate mortgage 516

Fixed-rate mortgage Mortgages Banks Finance 516

Housing Wire

MARCH 24, 2023

“Mortgage rates fell in December: the average interest rate on a 30-year fixed rate mortgage decreased to 6.36% from a November level of 6.81%.” The total percentage of borrowers who refinanced to a shorter-term, 15-year fixed-rate mortgage decreased by 9% in December.

Fixed-rate mortgage 459

Fixed-rate mortgage VA loan FHA loan Loans 459

Housing Wire

OCTOBER 12, 2023

To that end, the CHLA, NAR and ICBA urged that the Federal Reserve shift its policy to maintain its stock of mortgage-backed securities (MBS) and suspend runoff until liquidity and the spread between the 30-year fixed rate mortgages and 10-year Treasury stabilizes.

Fixed-rate mortgage 542

Fixed-rate mortgage Mortgages Industrial Lending 542

Housing Wire

APRIL 10, 2025

The 30-year fixed-rate mortgage is a cornerstone of American housing finance, but it wasnt built for flexibility. So why hasnt the U.S. moved forward? Partly inertia, partly complexity but largely because innovation in financial products has lagged behind the needs of a changing economy. It was built for stability.

Design 246

Design Marketing Fixed-rate mortgage Finance 246

Housing Wire

OCTOBER 5, 2023

Freddie Mac ‘s Primary Mortgage Market Survey, which focuses on conventional and conforming loans with a 20% down payment, shows the 30-year fixed rate averaged 7.49% as of Oct. By contrast, the 30-year fixed-rate mortgage was at 6.66% a year ago at this time. 5th, up 18 basis point from last week ’s 7.31%.

Fixed-rate mortgage 476

Fixed-rate mortgage Mortgages MLS Loans 476

Housing Wire

SEPTEMBER 20, 2023

The 30-year fixed mortgage rate increased to 7.31% last week, according to Kan. At HousingWire’s Mortgage Rates Center , Optimal Blue had 30-year fixed-rate mortgage at 7.19% on Sunday. At Mortgage News Daily , 30-year fixed-rate mortgage rates were at 7.30% on Tuesday.

Fixed-rate mortgage 476

Fixed-rate mortgage Mortgages FHA loan Loans 476

Housing Wire

JANUARY 18, 2024

Mortgage rates continued their descent this week to mark their lowest level since May 2023, welcome news for homebuyers who have been waiting on the sidelines for rates to drop. The 30-year fixed-rate mortgage averaged 6.6%

Fixed-rate mortgage 532

Fixed-rate mortgage Mortgages New Construction Construction 532

Housing Wire

OCTOBER 20, 2023

To conduct this analysis, Redfin compared median monthly mortgage payments for homebuyers in August 2023 and August 2022. On Thursday, 30-year fixed-rate mortgage rates crossed the 8% threshold , according to Mortgage News Daily. In March 2022, the 30-year fixed-rate mortgage averaged 3.56%.

Fixed-rate mortgage 511

Fixed-rate mortgage Marketing Mortgages Sales 511

Housing Wire

JANUARY 11, 2024

Mortgage rates ticked up this week as the 10-year Treasury yield made its way back above 4%. The 30-year fixed-rate mortgage averaged 6.66% as of Jan. 11, a slight increase from last week’s 6.62%, according to Freddie Mac ‘s Primary Mortgage Market Survey released on Thursday.

Fixed-rate mortgage 459

Fixed-rate mortgage Mortgages Closing costs MLS 459

Housing Wire

SEPTEMBER 27, 2023

The 30-year fixed mortgage rate increased to 7.41% last week, according to Kan. At HousingWire’s Mortgage Rates Center , Optimal Blue showed the 30-year fixed-rate mortgage at 7.38% on Tuesday. At Mortgage News Daily , 30-year fixed-rate mortgage rates were at 7.50% on Tuesday.

Mortgages 468

Mortgages Fixed-rate mortgage Loans Marketing 468

Housing Wire

SEPTEMBER 6, 2023

Meanwhile, the adjustable-rate mortgage (ARM) share of activity decreased to 6.7% At HousingWire’s Mortgage Rates Center , Optimal Blue had 30-year fixed-rate mortgages at 7.15% on Tuesday. At Mortgage News Daily , 30-year fixed-rate mortgage rates were at 7.21%.

Fixed-rate mortgage 448

Fixed-rate mortgage Mortgages Loans Marketing 448

Housing Wire

MAY 25, 2022

“Currently, higher rates, low inventory, and high prices are keeping prospective buyers out of the market.”. The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($647,200 or less) marginally fell to 10.4% from 10.5% in the prior week.

Fixed-rate mortgage 459

Fixed-rate mortgage Mortgages VA loan Loans 459