In its October Forecast, Freddie Mac stated: "We expect mortgage rates to continue to gradually inch higher. We anticipate that the 30-year fixed-rate mortgage will average 4.5 percent in 2018.
Home / Daily Dose / Housing Market Growth Looks Strong. said Sam Khater Freddie Mac’s chief economist. "Mortgage rates have stabilized in recent months, and in some high-cost markets, price.
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Mortgage buyer Freddie Mac said today that the rate on the 30-year loan jumped to 4.08 percent, up from 3.92 percent the previous week. A month ago, it touched 3.87 percent, the lowest since long.
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Data source: Freddie Mac. Chart by author. The Fed doesn't directly control mortgage rates for the most part, they now see a greater likelihood of interest rate cuts in the near future in. That could spur more home purchases and help give the economy an extra boost heading into the key summer season.
Freddie Mac’s baseline economic forecast has the U.S. economy continuing to grow with gradual increases in interest rates, and home sales should post modest growth over the next two years. Supply.
· Richard F. Syron, chairman and CEO of mortgage-securities giant Freddie Mac, says he remains "bearish" on the housing market and sees a rising tide of mortgage.
· The 30-year fixed mortgage averaged 3.75 percent for the week ending July 3, up from 3.73 percent last week.
Freddie Mac: Low Mortgage Rates, Strong Labor Market to Boost Home sales patrick barnard June 17, 2019 Leave a comment Low mortgage rates along with a strong labor market will help boost home sales and origination volume over the next year and a half, Freddie Mac’s most recent economic forecast shows.
Mortgage interest rates have begun to moderate, giving way to a healthier spring homebuying season, according to the latest freddie mac primary Mortgage Market Survey. The 30-year fixed-rate.
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Mortgage interest rates. which continues to grow this spring,” Freddie Mac Chief Economist Sam Khater said. “The observed buyer resiliency in the face of higher rates reflects the healthy economy.