Mortgage Rates & Trends

While hints of inflation are emerging and the job market improved in January and February, mortgage lending standards remain tight and the housing industry is still anemic, according to the Federal Reserve Beige Book report released yesterday. “Recent activity in residential real estate varied, b...

Freddie Mac’s Primary Mortgage Market Survey came out this morning, and they found that mortgage rates declined for the third consecutive week as rising oil prices and unrest in the Middle East continues to roil the markets. The average rate on a 30 year fixed rate mortgage fell from 4.95 percent...