DSNews BY: KRISTA FRANKS-BROCK January 23, 2014 Mortgage rates may be rising, but the housing market doesn’t seem to mind. In fact, several indicators have improved alongside rising rates, according to the HousingPulse Tracking Survey released by Campbell Surveys and Inside Mortgage Finance this week. The lending atmosphere is becoming friendlier, especially to first-time buyers. Simultaneously, the average […]
Category: Mortgage Rates
Mortgage Rates Pull Back Further
DSNews BY: Tory Barringer, 1/16/2014 December’s “discouraging jobs report” caused mortgage rates to pull back once again this week. “discouraging jobs report” weekly Primary Mortgage Market Survey shows the 30-year fixed-rate mortgage (FRM) falling to an average rate of 4.41 percent (0.7 point) for the week ending January 16, down from 4.51 percent last week. A […]
Mortgage Rates Start 2014 on the Up and Up
DSNews BY: Tory Barringer 1/2/2012 Mortgage rates began 2014 with a round of increases, kicking off a trend many experts believe will continue through the rest of the year. Freddie Mac’s weekly Primary Mortgage Market Survey shows the 30-year fixed-rate mortgage (FRM) averaging 4.53 percent (0.8 point) for the week ending January 2, up […]
Mortgage Rates See Sharp Increases
DSNews.com BY: Tori Barringer December 5, 2013 Long-term mortgage rates saw a jump this week following better-than-expected economic reports. Freddie Mac released Thursday the results of its Primary Mortgage Market Survey, putting the average 30-year fixed-rate mortgage (FRM) at a rate of 4.46 percent (0.5 point) for the week ending December […]
Trulia: Owning Remains Significantly Cheaper than Renting
DSNews.com BY: KRISTA FRANKS BROCK, 9/19/2013 Despite rising interest rates, owning a home is still significantly cheaper than renting at a national level and in most large metropolitan areas, according to Trulia’s Summer 2013 Rent vs. Buy Report. While rising interest rates are closing the gap between renting and owning, owning is still 35 percent […]