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Mortgage rates fall: Fannie and Freddie

Fri, 11/06/2009 - 13:06 by Ishita Sood

Washington, November 6 -- According to a closely watched survey by U.S. mortgage finance company, Freddie Mac, mortgage rates fell below 5 percent for the first time in three weeks.

Mortgage rates mixed in week

Fri, 06/26/2009 - 00:36 by surajdogra

Washinton -- Interest rates for 30-year, fixed-rate U.S. mortgages rose in the week ending June 25, the Federal Home Loan Mortgage Corp. said Thursday.

The 30-year, fixed-rate mortgage averaged 5.42 percent with an average 0.7 points in the week, Freddie Mac said.

A week ago, 30-year, fixed-rate mortgages averaged 5.38 percent. A year ago, the average rate was 6.45 percent.

At 4.87 percent with an average 0.7 points, the 15-year, fixed-rate average declined from a week ago, when the interest rates averaged 4.89 percent. A year ago, 15-year fixed-rate mortgages averaged 6.04 percent, the report said.

U.S. mortgage rates fall in week

Fri, 06/19/2009 - 01:18 by surajdogra

Washington -- Interest rates for U.S. mortgages fell in the past week in part due to low inflation, the Federal Home Loan Mortgage Corp. said Thursday.

The 30-year, fixed-rate mortgage averaged 5.38 percent with an average 0.7 points in the week ending June 18, Freddie Mac said.

A week ago, 30-year, fixed-rate mortgages averaged 5.59 percent with an average 0.7 points. A year ago, the average rate was 6.42 percent.

At 4.89 percent with an average 0.7 points, the 15-year, fixed-rate average also declined, dropping from the previous week's average of 5.06 percent. A year ago, 15-year fixed-rate mortgages averaged 5.89 percent, the report said.