NYSAR News

NYSAR News

Latest News


Freddie Mac reports mortgage rates fall for Northeast and nationally

May 03, 2012
In its Primary Mortgage Market Survey for the week ending May 3, 2012, Freddie Mac reported that the 30-year fixed-rate mortgage (FRM) for the Northeast averaged 3.85 percent with an average 0.8 point, down from 3.9 percent the previous week.

The 15-year FRM for the Northeast also fell, dropping from 3.14 percent to 3.08 percent with an average 0.7 point. 

Nationally, the 30-year FRM decreased from 3.88 percent to 3.84 percent, while the 15-year FRM fell from 3.12 percent to 3.07 percent.

To read the entire Freddie Mac press release, click here.

Featured Content

New York State home sales slow in January; median price, pending sales post gains

The number of closed home sales in New York State during January dipped by 10.7 percent compared to January 2014, according to the housing market report released by the New York State Association of REALTORS. The statewide median sales price posted a 2.1-percent gain and pending sales jumped nearly 3 percent compared to a year ago. Click here to read more.