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Freddie Mac: Mortgage rates increase for week ending August 1

Aug 02, 2013
In its Primary Mortgage Market Survey for the week ending August 1, 2013, Freddie Mac reported that the 30-year fixed-rate mortgage (FRM) for the Northeast averaged 4.43 percent with an average 0.7 point, up from 4.34 percent the week prior.

The 15-year FRM for the Northeast also increased slightly, averaging 3.45 percent with an average 0.8 point. This is up from 3.42 percent the previous week. 

Nationally, the 30-year FRM averaged 4.39 percent, up from 4.31 percent the week before, while the 15-year FRM rose from 3.39 percent to 3.43 percent.

To read the entire Freddie Mac press release, click here.
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NYS home sales post second-highest May total

Homebuyer activity remained strong in May, driving the New York State housing market to the second-highest sales total for the month with 10,348 closings. May 2018 closed sales were 8.6 percent lower than the record of 11,322 set in May 2017. The median sales price growth trend continued, increasing by 11.5 percent compared to last May, ending the month at $262,000. Click here to read more.

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