Author Archives for Michael Kraus

Freddie Mac: 30-Year Mortgage Rates Fall to 3.73%

January 8, 2015 11:21 am Published by Leave your thoughts

This morning’s Primary Mortgage Market Survey from Freddie Mac showed that the average rate on a 30-year fixed-rate mortgage fell to 3.73%, down from 3.87% last week.  This is the lowest reading since the week of May 23, 2013. Shortly thereafter, rates spiked during the taper tantrum (which, in short, was a severe market reaction... View Article


Freddie Mac: Mortgage Rates Dip Below 4%

October 16, 2014 12:56 pm Published by Leave your thoughts

Mortgage rates improved over the course of the past week, and are now at levels not seen since June of 2013, according to Freddie Mac’s Primary Mortgage Market Survey. The average rate on a 30-year fixed-rate mortgage fell to 3.97%, down from 4.12% last week.  15-year fixed-rate mortgages were down 12 basis points to 3.18%,... View Article