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Freddie: Fixed mortgage rates increase

Aug 14, 2015
Freddie Mac's current Primary Mortgage Market Survey found that average fixed mortgage rates increased, reversing the three-week downward trend. The survey reported that 30-year fixed-rate mortgages averaged 3.94 percent with an average 0.6 point for the week ending Aug. 13, 2015. The 30-year rate averaged 3.91 percent at the end of the previous week.

Fifteen-year fixed rate mortgages averaged 3.17 with an average 0.6 point for the same time period, an increase from 3.13.

Read the complete report here.
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New York State home sales fall short of record 3Q high

There were 38,445 homes sold across New York State during the 2017 third quarter, a 3.1-percent decline from the 2016 third quarter’s record total. The 2017 third quarter sales total is the second best on record for the period. The median sales price growth trend continued in the third quarter, posting a 5-percent increase to $261,500. Click here to read more.

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