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Freddie Mac: Mortgage rates edge higher

Oct 17, 2013
In its Primary Mortgage Market Survey for the week ending October 17, 2013, Freddie Mac reported that the 30-year fixed-rate mortgage (FRM) for the Northeast averaged 4.29 percent with an average 0.7 point, up from 4.25 percent the previous week.

The 15-year FRM for the Northeast also rose slightly, increasing to 3.36 percent with an average 0.7 point from 3.35 percent the week prior.

Nationally, the 30-year FRM increased to 4.28 percent from 4.23 percent the week before, while the 15-year FRM rose from 3.31 percent to 3.33 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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