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Items Tagged with 'mortgage rates'

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Freddie Mac: Mortgage rates retreat from yearly high

Driven down slightly by mixed economic and housing data
After moving to the highest level of 2015 one week ago, mortgage rates retreated slightly, according to Freddie Mac’s latest Primary Mortgage Market Survey. According to Sean Becketti, Freddie Mac’s chief economist, the slight decline was driven by mixed economic and housing data.
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Mortgage rates tick up slightly

Strengthening housing news doesn’t exert pressure
Average fixed mortgage rates are little changed from the previous week amid reports of the U.S. housing market strengthening, according to Freddie Mac.
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CFPB launches investigation into Bankrate mortgage rate tracker

Questions Bankrate’s quality control process
The CFPB is requesting that the publishing company produce “certain documents” and answer questions relating to the company’s quality control process for its mortgage rate tables. The inquiry could serve as a wakeup call as many websites in the mortgage space offer rate trackers as a service. Click the headline for full coverage.
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Freddie Mac: Mortgage rates finally drift back above 4%

First time since November 2014
Mortgage rates finally crossed the 4% threshold for the first time in over seven months, but this should come as no surprise since mortgage rates have steadily increased for a while now. And according to analysts, you can thank the strengthening job market for the rise.
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