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Contract Rate on New Home Loans Dips Under 4 Percent On average, mortgage interest rates declined in May, according to data released recently by the Federal Housing Finance Agency (FHFA). On conventional mortgages used to purchase newly-built homes, the Read More...
More Than Half of States Show Improving Housing Markets Freddie Mac recently released its Multi-Indicator Market Index(SM) (MiMi(SM)) for February showing the U.S. housing market overall recovering at a slightly slower pace from the previous month. However, Read More...
Rates on New Home Loans Join Downward Trend On Christmas Eve, the Federal Housing Finance Agency (FHFA) reported a 10 basis point decline in mortgage interest rates for the month of November. Data from FHFA’s Monthly Interest Rate Survey (MIRS) Read More...