Freddie Mac: Mortgage rates increase amid strong jobs report

By most measures, the US housing market appears to be in strong recovery.. and mortgage interest rate data from the Freddie Mac Primary Mortgage.. have posited possible factors, including the depth of the job market, weather,. purchase program in order to stem further interest rate increases amid a slow recovery.

WASHINGTON (Reuters) – U.S. home sales rose more than expected in July, boosted by lower mortgage rates and a strong labor market, signs the Federal Reserve’s shift toward lower interest rates was.

PMI Expects Lower Housing Prices in 2011 Prices in King and Snohomish counties had a 46-percent risk of being lower in the first quarter of 2011 than they were at the start of this year, PMI Mortgage Insurance Co. said. That risk was up.

Attributed to Len Kiefer, deputy chief economist, Freddie Mac. "Mortgage rates rose this week following strong economic data. The economy added 257,000 new jobs in January after robust increases.

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The 30-year fixed rate mortgage recorded its largest weekly increase since. improving due to the strong labor market and.

Why U.S. Home Mortgage Interest Rates Are Lower and Terms More Lenient Due To Government Involvement The sale by the state-run equivalent of Fannie Mae and Freddie Mac in the US would. Saudi Arabia is making moves to.

In addition to their mortgage rate forecasts for 2019 and 2020, Freddie Mac’s research team shared a number of trends and predictions in their latest report. Here are some highlights: They predicted that the nation’s GDP growth will slow to a rate of 2.5% in 2019, followed by a rate of 1.8% in 2020.

Click to Enlarge (Source: Freddie Mac) The 30-year fixed-rate mortgage increased to 3.45% for the week ending in August 11, 2016. This is up two basis points . . .

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MCLEAN, VA–(Marketwired – Mar 12, 2015) – Freddie Mac (OTCQB: FMCC) today released the results of its Primary Mortgage Market Survey (PMMS ), showing average fixed mortgage rates moving higher amid a strong jobs report and bringing mortgage rates back to where they were at the start of 2015.The 30-year fixed-rate mortgage has averaged below 4 percent since the week ending November 13, 2014.

During the last week of May, the 30-year fixed-rate mortgage dipped below 4.0% and has remained there amid concerns over trade disputes, a possible economic slowdown, and market anticipation of a Federal Reserve interest rate cut.