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Mortgage rates fell again this week, according to Freddie Mac’s weekly national survey. The average rate on 30-year fixed mortgages fell to 4.97% from 5.05%. The average rate on 15-year fixed mortgages declined from 4.4% to 4.33%. Adjustable rate mortgages (ARM) were also lower this week, with the average 3-year ARM falling to 4.43% while … Continue reading Affordable Financial Services Mortgage Report Mortgage Backed Securities are mixed today but still in positive territory. RATES are ON FIRE today. Take a look and take advantage of them while you can. We’re still right at resistance and the market can go either way and fast. The FOMC announcement is in 60 minutes. Earlier this morning the Commerce Department reported that … Continue reading Affordable Financial Services’ Mortgage Market Report |
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