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June 8, 2023

Mortgage Rates Decline After a Three-Week Ascent

“Mortgage rates decreased after a three-week climb,” said Sam Khater, Freddie Mac’s Chief Economist. “While elevated rates and other affordability challenges remain, inventory continues to be the biggest obstacle for prospective homebuyers.” News Facts The […]
May 18, 2023

30-year Fixed-rate Mortgage inches up, 15-year remained the same 5/18/2023

“The 30-year fixed-rate mortgage averaged 6.39 percent this week, as economic crosscurrents have kept rates within a ten-basis point range over the last several weeks,” said Sam Khater, Freddie Mac’s Chief Economist. “After the substantial […]