Items Tagged with 'Sam Khater'

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  • Bring on the refis: Freddie Mac expects mortgage rates to remain low all year

    The 30-year fixed-rate mortgage is projected to average 4.3% in 2019
    Low mortgage rates are expected to boost homebuyer affordability for the remainder of 2019, according to Freddie Mac’s April Forecast. In fact, Freddie Mac Chief Economist Sam Khater said low mortgage rates and stronger wage growth translate into better home sales in the coming months, along with better than expected refinance activity for the rest of the year.
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  • Freddie Mac: Mortgage rates rise slightly, expected to remain low

    The 30-year fixed-rate mortgage averaged 4.12% this week
    Mortgage rates continued to rise further for the week ending April 11, 2019, according to the latest Freddie Mac Primary Mortgage Market Survey. Freddie Mac Chief Economist Sam Khater said despite the recent rise, mortgage rates are expected to remain low, therefore boosting homebuyer demand in the next few months.
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  • Freddie Mac: Interest rate drop drives mortgage demand to highest level since 2016

    The 30-year fixed-rate mortgage averaged 4.08% this week
    In the week following the largest one-week drop in a decade, mortgage interest rates remained virtually stagnant, according to the latest Freddie Mac Primary Mortgage Market Survey. Freddie Mac Chief Economist Sam Khater said purchase mortgage application demand saw the second highest weekly increase over the last year.
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  • Freddie Mac: Mortgage rates cool as spring's housing market heats up

    The 30-year fixed-rate mortgage averaged 4.28% this week
    Mortgage rates have fallen just as spring home buying season begins to heat up, according to the latest Freddie Mac Primary Mortgage Market Survey. Freddie's Chief Economist Sam Khater said the combination of improving affordability and more inventory than the last few spring selling seasons should lead to improved home sales demand.
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  • Freddie Mac: Mortgage rates decline amid economic uncertainty

    The 30-year fixed-rate mortgage averaged 4.31% this week
    Mortgage interest rates reversed course this week, falling across the board, according to the latest Freddie Mac Primary Mortgage Market Survey. Freddie Mac Chief Economist Sam Khater said mortgage rates declined decisively this week amid various market reports, a strong bond auction and further uncertainty around the Brexit deal, which all contributed to driving bond yields lower.
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  • Freddie Mac: Mortgage rates finally push forward

    The 30-year fixed-rate mortgage averaged 4.41% this week
    After weeks of moderation, mortgage interest rates finally rose, according to the latest Freddie Mac Primary Mortgage Market Survey. Freddie Mac Chief Economist Sam Khater said while mortgage rates very modestly rose this week, they remain below last year's levels for the fourth consecutive week.
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  • Freddie Mac: February forecast hints at a mortgage market slowdown

    Freddie predicts lower mortgage rates will decelerate growth of total home sales
    This year’s mortgage market is projected to grow modestly, as both mortgage and interest rates slide further, according to Freddie Mac’s February Forecast. Freddie Mac Chief Economist Sam Khater said single-family mortgage originations are expected to reach $1.69 trillion in 2019.
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  • Freddie Mac: Mortgage rates hold steady, hinting at favorable spring homebuying season

    Once again, the 30-year fixed-rate mortgage averaged 4.35% this week
    After falling for three consecutive weeks, mortgage rates remained virtually stagnant, according to the latest Freddie Mac Primary Mortgage Market Survey. Freddie Mac Chief Economist Sam Khater said the general decline in rates, combined with rebounding pending home sales, hint at a strong spring homebuying season.
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  • Freddie Mac: Mortgage rates fall for third consecutive week

    The 30-year fixed-rate mortgage averaged 4.35% this week
    Mortgage rates continued to slide even further this week, according to the latest Freddie Mac Primary Mortgage Market Survey. Freddie Mac Chief Economist Sam Khater said wages are growing on par with home prices for the first time in years, and with more inventory available, the spring home sales market should begin to recover from the malaise of the last few months.
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