Mortgage Rates Drop Again
WRE News March 18, 2024
Buyer
WRE News March 18, 2024
Buyer
The latest Primary Mortgage Market Survey from Freddie Mac (OTCQB: FMCC) found rates in decline.
The 30-year fixed-rate mortgage averaged 6.74% as of March 14, down from last week when it averaged 6.88%. A year ago at this time, it averaged 6.60%.
The 15-year fixed-rated mortgage averaged 6.16%, down from last week when it averaged 6.22%. A year ago at this time, it FRM averaged 5.90%.
“The 30-year fixed-rate mortgage decreased again this week, with declines totaling almost a quarter of a percent in two weeks’ time,” said Sam Khater, Freddie Mac’s chief economist. “Despite the recent dip, mortgage rates remain high as the market contends with the pressure of sticky inflation. In this environment, there is a good possibility that rates will stay higher for a longer period of time.”
Stay up to date on the latest real estate trends.
Buyer
July 17, 2025
Over the past few years, affordability has been the biggest challenge for homebuyers.
Buyer
July 17, 2025
Buyer
July 17, 2025
Lifestyle
July 16, 2025
Designers are experts at designing bathrooms that are full of style and functionality alike.
Buyer
July 16, 2025
If recent home price headlines have you feeling worried, here’s some perspective.​​
Buyer
July 15, 2025
Buying your first home is a big milestone – and the right support is going to make it a whole lot easier.
We Guide Homeowners through the complicated process of selling their home using our 4 Phase Selling Process and 3 Prong Marketing Strategy that alleviates their stress and moves them effortlessly to their next destination. Schedule a 15 Minute Complimentary Strategy Session Today