Freddie Mac Weekly Mortgage Rates: Jan. 24, 2019
Fredddie Mac Weekly Mortgage Rates: Dec. 6, 2018
Freddie Mac: Mortgage Rates Tick Up
The 30-year fixed-rate mortgage barely inched up this week, continuing the summer trend of essentially being flat.
Freddie Mac Weekly Mortgage Rates
After dropping earlier this week on trade-related anxiety in financial markets, the benchmark 10-year Treasury stabilized on Wednesday, but at a level slightly lower than from the start of last week. Mortgage rates followed and fell for the second consecutive week.
![Mortgage Rates Bounce Back](https://commercialrecord.com/wp-content/uploads/2018/01/chart-1-1080x630.jpeg)
Mortgage Rates Bounce Back
After dipping slightly last week, Treasury yields surged this week amidst sell-offs in the bond market. The 10-year Treasury yield, for instance, reached its highest point since March of last year. Mortgage rates followed Treasury yields and ticked up modestly across the board. The 30-year fixed-rate mortgage averaged 3.99 percent, up 4 basis points from a week ago.
![Freddie Mac: Mortgage Rates Drop](https://commercialrecord.com/wp-content/uploads/2018/01/chart-1080x630.jpeg)
Freddie Mac: Mortgage Rates Drop
Treasury yields fell from a week ago, helping to drive mortgage rates down to start the year. The 30-year fixed-rate mortgage fell 4 basis points from a week ago to 3.95 percent in the year’s first survey. Despite increases in short-term interest rates, long-term interest rates remain subdued. The 30-year mortgage rate is down a quarter of a percentage point from where it was a year ago and the spread between the 30-year fixed and 5/1 adjustable rate mortgage is the lowest since 2009.
![Freddie Mac Weekly Mortgage Rates](https://commercialrecord.com/wp-content/uploads/2017/07/pmms_chart-2.jpg)
Freddie Mac Weekly Mortgage Rates
The 10-year Treasury yield rose 5 basis points this week while the 30-year mortgage rate dropped 4 basis points to 3.92 percent.
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Are Home Appraisals Always Necessary?
Do we always need an appraiser to tell us what a house is worth? The two biggest sources of mortgage financing in the country – Freddie Mac and Fannie Mae – think not.
![Freddie Mac Weekly Mortgage Rates](https://commercialrecord.com/wp-content/uploads/2017/05/pmms_chart_lg.jpg)
Freddie Mac Weekly Mortgage Rates
The 10-year Treasury yield remained relatively flat this week, as did the 30-year mortgage rate which fell 1 basis point to 4.02 percent.
![Freddie Mac Weekly Mortgage Rates](https://commercialrecord.com/wp-content/uploads/2017/04/pmms_chart_lg-1-1.jpg)
Freddie Mac Weekly Mortgage Rates
The 10-year Treasury yield rose about 10 basis points this week.
![Freddie Mac Weekly Mortgage Rates](https://commercialrecord.com/wp-content/uploads/2017/04/pmms_chart_lg-1.jpg)
Freddie Mac Weekly Mortgage Rates
The 30-year mortgage rate fell 11 basis points this week to 3.97 percent, dropping below the psychologically-important 4 percent level for the first time since November.
Freddie Mac Weekly Mortgage Rates
In a short week following Presidents Day, the 10-year Treasury yield fell about 8 basis points.
Freddie Mac Weekly Mortgage Rates
The 30-year fixed mortgage fell two basis points to 4.17 percent this week.
Freddie Mac Weekly Mortgage Rates
The 10-year Treasury yield increased more than 10 basis points this week.
Freddie Mac Weekly Mortgage Rates
On a short week following the Christmas holiday, the 10-year Treasury yield was relatively unchanged.
Freddie Mac Weekly Mortgage Rates
As was almost-universally expected, the FOMC closed the year with its one-and-only rate hike of 2016.