– Historical Mortgage Rates. National Average contract mortgage rate: Index History. National Average Contract Mortgage Rate For the Purchase of Previously Occupied Homes By Combined Lenders. The National Average Contract Mortgage Rate is derived from the Federal Housing Finance Board’s Monthly Interest Rate Survey (MIRS).
Sales of existing homes skyrocketed a whopping 11.8 percent in February compared. the exception of a change in mortgage policy in 2015 that temporarily skewed the data. Realtors pointed squarely to.
Mortgage rates today, February 2, plus lock recommendations – Mortgage rates today are driven by movements in financial markets worldwide. When the economy heats up, bond price drop, and rates increase. When the economy pulls back, interest rates tend to fall.
The low for 2015, 3.59%, was recorded in early February. Freddie Mac said the average rate for a 15-year mortgage rose to 3.1% this week. investors that the Federal Reserve would act to raise.
Interest Rates Just Keep Falling. Economic Orthodoxy Is Falling With Them. – Rates on home mortgages, corporate bonds and the debt of countries around the world have been falling as well. This is.
Fannie Mae, Freddie Mac hike mortgage modification interest rate for first time in 2016 – The market mortgage interest rates. followed by the benchmark rate being increased back up to 4% in December 2015. Since then, Fannie and Freddie dropped the benchmark rate on multiple occasions,
FHA Interest Rates – February 2015 – FHA Mortgage Source – FHA Interest Rates – February 2015. As of February 2015, current FHA 30 year fixed rates are starting off the year much lower versus a year ago. FHA 30 year interest rates are currently in the low to mid 3 % area with NO discount points by most Florida brokers and mortgage companies as we start February.
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Current Mortgage Rates for Monday February 9 2015 | Total. – It was smooth sailing for rates last week right up until Friday. The average rate on a 30-year fixed-rate mortgage was at 3.59%, according to Freddie Mac, just a little above the all-time low reading of 3.31%.