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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 home sales reach second-highest October total

Home sales in the Empire State dipped slightly from one year ago, but still hit the second highest total on record for October. The 11,201 closed sales in October 2016 represents the second highest total for the month after the 12,003 sold in October 2015. Click here to read more.

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