Fixed Mortgage Rates Ease Slightly
(firmenpresse) - MCLEAN, VA -- (Marketwired) -- 09/25/14 -- (OTCQB: FMCC) today released the results of its (PMMS®), showing average fixed mortgage rates easing slightly from the previous week amid mixed housing data.
(FRM) averaged 4.20 percent with an average 0.5 point for the week ending September 25, 2014, down from last week when it averaged 4.23 percent. A year ago at this time, the 30-year FRM averaged 4.32 percent.
this week averaged 3.36 percent with an average 0.5 point, down from last week when it averaged 3.37 percent. A year ago at this time, the 15-year FRM averaged 3.37 percent.
(ARM) averaged 3.08 percent this week with an average 0.4 point, up from last week when it averaged 3.06 percent. A year ago, the 5-year ARM averaged 3.07 percent.
averaged 2.43 percent this week with an average 0.4 point, unchanged from last week. At this time last year, the 1-year ARM averaged 2.63 percent.
Average commitment rates should be reported along with average fees and points to reflect the total upfront cost of obtaining the mortgage. Visit the following links for the and . Borrowers may still pay closing costs which are not included in the survey.
Attributed to Frank Nothaft, vice president and chief economist, Freddie Mac.
"Mortgage rates were slightly changed with the rate on the 30-year fixed mortgage down three basis points. Meanwhile, dropped 1.8 percent in August to a seasonally-adjusted annual rate of 5.05 million. Sales of homes surged 18.0 percent in August to an annual pace of 504,000 units. Also, the Federal Housing Finance Agency house prices rose just 0.1 percent on a seasonally-adjusted basis in July, and were up 4.4 percent over the past year."
Freddie Mac was established by Congress in 1970 to provide liquidity, stability and affordability to the nation's residential mortgage markets. Freddie Mac supports communities across the nation by providing mortgage capital to lenders. Today Freddie Mac is making home possible for one in four home borrowers and is one of the largest sources of financing for multifamily housing. Additional information is available at , Twitter and Freddie Mac's blog .
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Datum: 25.09.2014 - 14:00 Uhr
Sprache: Deutsch
News-ID 339045
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MCLEAN, VA
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Commercial & Investment Banking
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"Fixed Mortgage Rates Ease Slightly"
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