Latest News

Freddie Mac: Mortgage rates remain relatively flat

Apr 03, 2014
In its Primary Mortgage Market Survey for the week ending April 3, 2014, Freddie Mac reported that the 30-year fixed-rate mortgage (FRM) for the Northeast averaged 4.42 percent with an average 0.7 point, up slightly from the 4.41-percent average reported the previous week.

The 15-year FRM for the Northeast also rose slightly, increased from 3.45 percent to 3.47 percent with an average 0.5 point.

Nationally, the 30-year FRM rose from 4.4 percent to 4.41 percent, while the 15-year FRM averaged 3.47 percent, up from 3.42 percent the previous week.

To read the entire Freddie Mac press release, click here.
Featured Content

Empire State home sales stay at elevated level during April

Against the backdrop of fewer homes on the market, homebuyers in New York State closed 8,640 sales during April, falling only 2.6 percent from April 2017. The median sales price growth trend continued, increasing by nearly 12 percent compared to last April to reach $260,000 for the month. Click here to read more.