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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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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.

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