Federal Home Loan Mortgage Corporation (FMCCN)
- MoneyWise
Once ‘unthinkable,’ mortgage rates over 7% are now imminent — here’s what homebuyers are doing to cope
The typical homebuyer today will pay $250 more per month than someone who bought just a few weeks ago.
- Bloomberg
US Mortgage Rates Jump to 6.7%, Hitting Highest Level Since 2007
(Bloomberg) -- Mortgage rates surged to the highest level since 2007, with higher borrowing costs turning the screws even tighter on the quickly cooling US housing market.Most Read from BloombergApple Ditches iPhone Production Increase After Demand FaltersMacKenzie Scott Files for Divorce From Science Teacher HusbandTrump Refuses to Delay Florida Deposition in Phone-Fraud Case Despite HurricaneVolatility Grips Stocks as Fed Remains Hawkish: Markets WrapThe UK’s Crisis of Confidence Was Years in
- GlobeNewswire
Mortgage Rates Rise for the Sixth Consecutive Week
Primary Mortgage Market Survey® U.S. weekly average mortgage rates as of 09/29/2022 MCLEAN, Va., Sept. 29, 2022 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB: FMCC) today released the results of its Primary Mortgage Market Survey® (PMMS®), showing that the 30-year fixed-rate mortgage (FRM) averaged 6.70 percent. “The uncertainty and volatility in financial markets is heavily impacting mortgage rates,” said Sam Khater, Freddie Mac’s Chief Economist. “Our survey indicates that the range of weekly rate qu
