> Business, Economy, Finance, home buyers, News Item, Trends > 30-Year FRM Slides, Mortgage Apps Slow
According to information from Freddie Mac, as originationnews says, the average for a fixed rate 30-year mortgage fell four points during the week ending Sept. 6 to 3.55%, compared to 4.12% a year ago. The Mortgage Bankers Association (MBA) tells MHProNews mortgage applications have fallen recently but lenders report the pipelines remain strong. Meanwhile, the average 15-year mortgage remained at 2.86%, the same as the week before. The five-year Treasury-indexed hybrid ARM dropped three basis points to 2.75%, while the rate for a one-year Treasury ARM fell two basis points to 2.61%.
(Image credit: moneycontrol)
Categories: Business, Economy, Finance, home buyers, News Item, Trends basis points, fixed rate, four points, Freddie Mac, frm, lenders, MBA, MHProNews, mortgage applications, Mortgage Bankers Association, one year treasury, pipelines, treasury arm, year mortgageThe Campaign Kinesio tape NBA randy travis lakers NFL.com Honey Boo Boo
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.