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

Strong March sales drive New York State housing market first quarter gains

The more than 5-percent increase in home sales in March helped the New York State housing market post first quarter gains. Closed sales were up 1.6 percent in the 2015 first quarter compared to the same period in 2014, while the median price climbed by 2.2 percent. Click here to read more.