Freddie Mac: Mortgage rates fall to lowest level in nine months – HousingWire

Mortgage rates took a dive across the board, reaching the lowest levels in months, according to the latest Freddie Mac Primary Mortgage Market Survey. According to the survey, the 30-year fixed rate mortgage declined from 4.51% last week, averaging 4.45% for the week ending Jan. 10, 2019. That being said, this is still an increase from last year’s rate…

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Mortgage applications surge more than 20% as rates fall – Fox Business

Mortgage applications surged during the first week of 2019 thanks to lower interest rates, following an unusually slow holiday period. Application volume climbed 23.5 percent for the week ending Friday, according to the Mortgage Bankers Association weekly Mortgage Applications Survey, as the 30-year fixed mortgage rate declined to the lowest level since April. That reading…

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Weekly mortgage applications rise 5.5% as homebuyers edge back in – CNBC

It may be a greater supply of homes for sale. It may be price cuts on those homes. Whatever the reason, buyers are coming back to the market, and driving mortgage demand. Total mortgage application volume increased 5.5 percent last week compared with the previous week, according to the Mortgage Bankers Association’s seasonally adjusted index.…

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Mortgage rates shoot up to their highest level in nearly 8 years

The 30-year fixed-rate average increased to 4.94 percent. (J. Lawler Duggan for The Washington Post) Kathy Orton Reporter and editor covering the Washington metropolitan area housing market November 8 at 10:06 AM Strong employment numbers caused mortgage rates to take off with the 30-year fixed-rate average the highest it has been in nearly eight years.…

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