Business

Baltimore mortgage rates creep higher

by Chris Montcalmo, Sierra Pacific Mortgage Freddie Mac on Thursday released the results of its Primary Mortgage Market Survey, showing average 30-year and 15-year fixed mortgage rates rising. The 30-year fixed-rate mortgage (FRM) averaged 4.19 percent with an average 0.4 point for the week ending Jan. 26, 2017, up from last week when it averaged 4.09 percent. A year ago …


Business

Baltimore mortgage rates touch new 2016 lows

by Chris Montcalmo Freddie Mac on Thursday released the results of its Primary Mortgage Market Survey, showing average fixed mortgage rates in Baltimore and nationwide dropping to new 2016 lows in the wake of the Brexit vote. At 3.48 percent, the 30-year fixed-rate mortgage is only 17 basis points from its November 2012 all-time record low of 3.31 percent. TheĀ 30-year …


Baltimore mortgage rates tick up on Fed news

by Chris Montcalmo Freddie Mac on Thursday released the results of its Primary Mortgage Market Survey, showing average fixed mortgage rates up slightly from 2016 lows. TheĀ 30-year fixed-rate mortgage averaged 3.64 percent with an average 0.5 point for the week ending May 26, 2016, up from last week when it averaged 3.58 percent. A year ago at this time, the …

Baltimore mortgage rates hold near 2016 lows

by Chris Montcalmo Freddie Mac on Thursday released the results of its Primary Mortgage Market Survey, showing average fixed mortgage rates holding near 2016 lows. The 30-year fixed-rate mortgage averaged 3.58 percent with an average 0.6 point for the week ending May 19, 2016, up from last week when it averaged 3.57 percent. A year ago at this time, the …

Baltimore mortgage rates back near 2016 lows

by Chris Montcalmo Freddie Mac on Thursday released the results of its Primary Mortgage Market Survey, showing average fixed mortgage rates falling following the Federal Reserve’s decision to stand pat last week, and other negative economic data. Mortgage rates are now hovering just above their low point for the year. The 30-year fixed-rate mortgage (FRM) averaged 3.61 percent with an …

Baltimore mortgage rates hit new 2016 lows

Freddie Mac on Thursday released the results of its Primary Mortgage Market Survey, showing mortgage rates declining slightly from the previous week to reach a new low for the year. The 30-year fixed-rate mortgage (FRM) averaged 3.58 percent with an average 0.5 point for the week ending April 14, 2016, down from last week when they averaged 3.59 percent. A …

Baltimore mortgage rates hit new 2016 lows

Freddie Mac on Thursday released the results of its Primary Mortgage Market Survey, showing Baltimore mortgage rates declining from the previous week and reaching their lowest level since February of last year. The 30-year fixed-rate mortgage (FRM) averaged 3.59 percent with an average 0.5 point for the week ending April 7, 2016, down from last week when they averaged 3.71 …

Baltimore mortgage rates reverse course, turn lower

Freddie Mac on Thursday released the results of its Primary Mortgage Market Survey, showing Baltimore mortgage rates moving lower for the first time in four weeks. The 30-year fixed-rate mortgage averaged 3.71 percent with an average 0.5 point for the week ending March 24, 2016, down from last week when it averaged 3.73 percent. A year ago at this time, …