By Dennis Norman, on December 28th, 2009
Dennis Norman
In a just a few days we will say goodbye to 2009; a year that has been brutal to the housing market. So as the new year comes in, what will 2010 hold in store for the housing market?
To answer this question I turned to the housing forecast just released by Fannie Mae [...]
By Dennis Norman, on August 6th, 2009
Dennis Norman
According to Freddie Macs weekly mortgage market survey mortgage rates decreased slightly for the week ending August 6, 2009 from the prior week. The survey shows 30 year fixed rate mortgages averaging 5.22% with 0.6% in fees and points, down from 5.25% the week before. Last year at this time, the 30 year [...]
By Dennis Norman, on July 24th, 2009
Dennis Norman
According to Freddie Macs weekly mortgage market survey mortgage rates increased slightly this week from the prior week. The survey shows 30 year fixed rate mortgages averaging 5.20% with 0.7% in fees and points, up from 5.14% the week before. Last year at this time, the 30 year rate averaged 6.63%.
Rates on 15 [...]
By Dennis Norman, on July 18th, 2009
Dennis Norman
By: Dennis Norman
Freddie Macs weekly mortgage market survey mortgage rates dropped this past week, making it the third week in a row rates came down.
The survey shows 30 year fixed rate mortgages averaging 5.14% with 0.7% in fees and points, down from 5.20% the week before. This is the lowest rate reported in Freddie [...]