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Even with the 9 basis point rise this week, they have remained at the same level since mid-December, and that should bring people into the market, Freddie Mac said.
January 25 -
Its January forecast reverses the call first made in April 2022 that the U.S. economy would slip into an extended downturn.
January 22 -
The move is somewhat counterintuitive relative to other market signals but Fannie Mae generally forecasts a net positive shift in lending conditions this year.
January 18 -
For the past week, the benchmark 10-year Treasury closed above 4%, as the markets priced in an increase in the consumer price index.
January 11 -
But this week the 30-year fixed rate mortgage average increased for the first time in two months.
January 4 -
Rates that have been below 7% for two consecutive weeks have given originators a gift at what's typically a slow time of year, Freddie Mac said.
December 21 -
The Fed's announcement is responsible for a 19 basis point drop in the 10-year yield over a two-day period, pushing the 30-year fixed under 7% for the first time since August, Freddie Mac said.
December 14 -
Recent economic data pushed investors toward Treasurys over the past week, driving 10-year yields to as low as 4.1%.
December 7 -
The 30-year average declined for the fifth consecutive week, as purchase demand picking up at the same time, according to Freddie Mac.
November 30 -
Even if the 30-year fixed were to slip further to 6.4%, it is not enough to end the seller's strike, economists said.
November 22