Latest News

Freddie Mac: Mortgage rates fall to 2017 low

Apr 17, 2017
Last week's Freddie Mac Primary Mortgage Market Survey showed the 30-year mortgage rate dropping for the fourth consecutive week and hitting a new low for 2017.

The 30-year fixed-rate mortgage (FRM) averaged 4.08 percent with an average 0.5 point for the week ending April 13, 2017, down from the previous week when it averaged 4.10 percent, according to the report. A year ago, the 30-year FRM averaged 3.58 percent. 

The 15-year FRM averaged 3.34 percent with an average 0.5 point, down from the previous week's average of 3.36 percent. A year ago, the 15-year FRM averaged 2.86 percent. 

Learn more here.
Featured Content

New York statewide home sales remain strong in February

The New York State housing market continued to post solid numbers in February, reaching 7,328 closed sales despite a 6.2-percent decline from February 2017. The February statewide median sales price of $260,000 represented an increase of 8.8 percent from a year ago. Click here to read more.