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Mortgage Rates Rise to Highest Level Since Onset of Pandemic

Mortgage rates continued their upward trajectory for the fourth straight week, rising to their highest level since the beginning of the pandemic, according to this week’s report from Freddie Mac. According to the agency’s Primary Mortgage Market Survey® (PMMS), the 30-year fixed mortgage rate averaged 3.56% for the week ending Jan. 20, climbing another 0.7 points from a week ago. Mortgage details: 30-year fixed-rate mortgage averaged 3.56% with an average 0.7 point for the week ending January 2...
Tags: News, Radio, Treasury, Teams, National, Mortgage Rates, Agents, Latest News, Industry News, Freddie Mac, U S Treasury, Consumer, Brokers, George Ratiu, Primary Mortgage Market Survey, Freddie Mac According


Mortgage Rates Spike to Highest Level Since March 2020

Elevated inflation and the concerns over how federal officials intend to address it led to a significant surge in mortgage rates across the board, according to recent reports from Freddie Mac. According to the agency’s Primary Mortgage Market Survey® (PMMS®), the 30-year fixed mortgage rate averaged 3.45% for the week ending Jan. 13, climbing 0.7 points from a week earlier. Mortgage Details 30-year fixed-rate mortgage averaged 3.45% with an average of 0.7 point for the week—up from last week wh...
Tags: News, Radio, Treasury, Teams, National, Mortgage Rates, Agents, Latest News, Industry News, Freddie Mac, Consumer, Brokers, Homebuyers, George Ratiu, Primary Mortgage Market Survey, Freddie Mac According


Housing Economists Call for Increase in Home Construction

Washington, D.C. – May 18, 2018 (nar.realtor) An increase in housing supply is crucial to the health and sustainability of the real estate market and the economy, according to speakers at a session organized by the REALTOR® University Richard J. Rosenthal Center for Real Estate Studies during the 2018 REALTORS® Legislative Meetings & Trade Expo. The session, “Outlook for Home Prices and Residential Construction,” focused on rapidly rising home prices, tight home inventories and whether or not t...
Tags: Real Estate, Washington, US, America, Economy, Radio, Portland, NAR, Associated General Contractors of America, National Association of Realtors, Real Estate News, Ken Simonson, Lawrence Yun, Simonson, Kiefer, Jane Dollinger