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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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Empire State home sales set January record

The home sales growth trend continued in New York State during January with the 8,472 closed sales setting a new high-water mark for the month. The January statewide median sales price of $250,000 represents an increase of 8.7 percent from a year ago. Click here to read more.

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