Freddie Mac: Mortgage rates increase amid strong jobs report

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According to Freddie Mac’s (OTC: FMCC) most recent primary mortgage market survey (PMMS), long-term mortgage rates are holding steady and below 5.0 percent. frank nothaft, vice president and chief economist of Freddie Mac stated, "Mortgage rates held steady amid a strong employment report.

MCLEAN, VA–(Marketwired – Mar 12, 2015) – Freddie Mac (OTCQB: FMCC) today released the results of its Primary Mortgage Market Survey (PMMS ), showing average fixed mortgage rates moving higher amid a strong jobs report and bringing mortgage rates back to where they were at the start of 2015.The 30-year fixed-rate mortgage has averaged below 4 percent since the week ending November 13, 2014.

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Nobody Actually Gets That Freddie Mac Mortgage Rate - Today's Mortgage and Real Estate News Average fixed-rate mortgages are holding near historical lows, but did inch higher this week amid a stronger employment report, Freddie Mac reports in its weekly mortgage market survey. The economy added 257,000 new jobs in January, following additional increases in December (329,000) and November (423,000).

The housing market has been looking slightly better over the last few month and Freddie Mac July economic report reflects that fact.. They say the strong. Mortgage Rates Start Slow, But.

Average fixed mortgage rates are continuing to rise amid strong jobs report and are bringing mortgage rates back to where they were at the start of 2015, according to Freddie Mac’s Primary.

This Freddie Mac rate data hits each Thursday and looks back one week, so these rates (which proliferate mainstream media) are expired when they hit each Thursday. But this week is an exception because today’s weak May jobs will keep rates at these 2-year-low levels.

Mortgage rates are around a two-year low, and Freddie Mac predicts they’ll stay that way through 2020.. The mortgage-finance company recently revised its forecast for the average 30-year fixed.

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Survey (PMMS ), showing average fixed mortgage rates moving higher amid a strong jobs report and bringing mortgage rates back to where they were at the start of 2015. The 30-year fixed-rate mortgage has averaged below 4 percent since the week ending November 13, 2014.

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The 30-year fixed mortgage rate has dropped to 3.60% from a peak of 4.94% in November, according to data from mortgage finance agency Freddie Mac. A report on Friday showed U.S. homebuilding fell.

From Freddie Mac today: Mortgage Rates Move Higher on strong jobs report freddie mac today released the results of its Primary Mortgage Market Survey (PMMS), showing average fixed mortgage rates moving higher amid a strong employment report. Regardless, fixed-rate mortgages rates still remain near their May 23, 2013 lows..