Mortgage Rates Remain Low Heading Into Holiday Weekend
(firmenpresse) - MCLEAN, VA -- (Marketwired) -- 11/26/14 -- (OTCQB: FMCC) today released the results of its (PMMS®), showing average fixed mortgage rates flat to down slightly from the previous week with the average 30-year fixed-rate mortgage remaining below four percent.
(FRM) averaged 3.97 percent with an average 0.5 point for the week ending November 26, 2014, down from last week when it averaged 3.99 percent. A year ago at this time, the 30-year FRM averaged 4.29 percent.
this week averaged 3.17 percent with an average 0.5 point, unchanged from last week. A year ago at this time, the 15-year FRM averaged 3.30 percent.
(ARM) averaged 3.01 percent this week with an average 0.5 point, unchanged from last week. A year ago, the 5-year ARM averaged 2.94 percent.
averaged 2.44 percent this week with an average 0.4 point, unchanged from last week. At this time last year, the 1-year ARM averaged 2.60 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 little changed on the week with the 30-year fixed-rate mortgage declining to 3.97 percent. This comes during a week of uplifting economic news heading into the holiday; growth was revised up in the third quarter from 3.5 percent to 3.9 percent, while sold at a 5.26 million unit pace in October, topping expectations of 5.15 million units."
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: 26.11.2014 - 15:00 Uhr
Sprache: Deutsch
News-ID 355608
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MCLEAN, VA
Kategorie:
Commercial & Investment Banking
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"Mortgage Rates Remain Low Heading Into Holiday Weekend"
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