Mortgage Rates Tick Down

(firmenpresse) - MCLEAN, VA -- (Marketwired) -- 10/19/17 -- (OTCQB: FMCC) today released the results of its (PMMS®), showing the average 30-year fixed mortgage rate ticking down this week.



(FRM) averaged 3.88 percent with an average 0.5 point for the week ending October 19, 2017, down from last week when it averaged 3.91 percent. A year ago at this time, the 30-year FRM averaged 3.52 percent.

this week averaged 3.19 percent with an average 0.5 point, down from last week when it averaged 3.21 percent. A year ago at this time, the 15-year FRM averaged 2.79 percent.

(ARM) averaged 3.17 percent this week with an average 0.4 point, up from last week when it averaged 3.16 percent. A year ago at this time, the 5-year ARM averaged 2.85 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 link for the . Borrowers may still pay closing costs which are not included in the survey.

Attributed to Sean Becketti, chief economist, Freddie Mac.
"Rates came down slightly this week, ending a brief, two-week streak of increases. The 10-year Treasury yield dipped 6 basis points, while the 30-year fixed mortgage rate fell 3 basis points to 3.88 percent."

Freddie Mac makes home possible for millions of families and individuals by providing mortgage capital to lenders. Since our creation by Congress in 1970, we've made housing more accessible and affordable for homebuyers and renters in communities nationwide. We are building a better housing finance system for homebuyers, renters, lenders and taxpayers. Learn more at , Twitter and Freddie Mac's blog .

Image Available:



MEDIA CONTACT:
Chad Wandler
703-903-2446

Weitere Infos zu dieser Pressemeldung:

Themen in dieser Pressemitteilung:


Unternehmensinformation / Kurzprofil:
Bereitgestellt von Benutzer: Marketwired
Datum: 19.10.2017 - 14:00 Uhr
Sprache: Deutsch
News-ID 564422
Anzahl Zeichen: 0

contact information:
Town:

MCLEAN, VA

Kategorie:

Commercial & Investment Banking

Diese Pressemitteilung wurde bisher 164 mal aufgerufen.


Die Pressemitteilung mit dem Titel:
"Mortgage Rates Tick Down"
steht unter der journalistisch-redaktionellen Verantwortung von

Freddie Mac (Nachricht senden)

Beachten Sie bitte die weiteren Informationen zum Haftungsauschluß (gemäß TMG - TeleMedianGesetz) und dem Datenschutz (gemäß der DSGVO).

Freddie Mac Prices $279 Million Offering of Guaranteed Tax-Exempt ML Certificate ...

MCLEAN, VA -- (Marketwired) -- 11/17/17 -- (OTCQB: FMCC) recently priced a new offering of credit risk transfer securities backed by Tax-Exempt Loans (TELs) made by state or local housing agencies and secured by affordable rental housing.The compan ...

Freddie Mac Announces Pricing of $258 Million Multifamily Small Balance Loan Sec ...

MCLEAN, VA -- (Marketwired) -- 11/16/17 -- (OTCQB: FMCC) announces the pricing of the SB42 offering, a multifamily mortgage-backed securitization backed by small balance loans underwritten by Freddie Mac and issued by a third-party trust. The compa ...

Freddie Mac Prices $1 Billion Multifamily K-Deal Backed by Seasoned Loans ...

MCLEAN, VA -- (Marketwired) -- 11/16/17 -- (OTCQB: FMCC) recently priced a K-P Series offering of Structured Pass-Through Certificates (), which are multifamily mortgage-backed securities. The company expects to issue approximately $1 billion in K ...

Alle Meldungen von Freddie Mac