Freddie Mac: Mortgage rates increase amid strong jobs report

Average fixed mortgage rates are moving higher amid a strong employment report, according to the results of Freddie Mac’s recently released primary mortgage market survey (pmms). Regardless.

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.

Mortgage rates moved higher this week for the first time in more than a month. According to the latest data released Thursday by Freddie Mac, the 30-year fixed-rate. "On the other hand, the jobs.

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Freddie Mac released the results of its Primary Mortgage Market Survey (PMMS) March 12, 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.

"The average 30-year fixed-rate mortgage rose to 3.86 percent for this week following a strong labor market report, essentially bring rates back to where they were at the start of the year.

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Mortgage rates moved higher this week for the first time in more than a month. According to the latest data released Thursday by Freddie Mac, the 30-year fixed-rate. "On the other hand, the jobs.

Earlier this week, the average rate on 30-year fixed-rate mortgages jumped to 4.46 percent, from 4.43 percent a week earlier, marking the highest average since the beginning of 2014.

Freddie Mac predicts the increase in short-term rates will have a strong, negative impact on long-term rates, with 30 year fixed rates increasing to 4.9% 30 year fixed rates by 4th quarter 2018. The MBA cites global economic growth, a tight job market, and increased inflation expectations as the impetus for the solid four rate increases it.

After weeks of steady increase, Freddie Mac’s latest Primary Mortgage Market survey reports rates are nearing their lowest marks of 2019.. "A combination of low mortgage rates, a strong job.

Long-term U.S. mortgage rates edged higher this week, marking their first increase since early June. Mortgage buyer Freddie Mac said Thursday the average rate on 30-year, fixed-rate mortgages ticked up to 4.53 percent from 4.52 percent a week earlier. Despite the decline in recent weeks, long-term.

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