Menu

NYSAR News

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

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.

NYSAR News