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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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August sales fall just short of 2016 record

August home sales were strong across the Empire State, setting the second-highest total on record for the month at 14,174 units. The statewide median sales price growth trend continued in August, posting a 6.9-percent increase compared to August 2016. Click here to read more.

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