15-year rate climbs to 5.64% as purchase applications jump 20% above year-ago levels.
Debt Instruments
The weekly survey also shows the 15-year fixed rate averages 5.58%.
The 15-year fixed rate also moved lower, and both benchmark rates stayed below their year-earlier levels.
Weekly decline of 9 basis points brings rate below previous year's average of 6.62%.
15-year mortgage averages 5.77% as rates climb from previous week but remain below year-ago levels.
15-year rate rises to 5.75% as both remain below year-ago levels despite weekly increases.
15-year rate averages 5.54% as purchase applications show improvement ahead of spring season.
Company enters forbearance agreement with over 70% of noteholders as European paper industry faces structural demand decline.
Rates remain 0.54 percentage points below year-ago levels as purchase applications rise.
The 15-year fixed rate averages 5.43% as both terms remain below year-ago levels.
Lease recalculations add back charges for 2024–2025 as exports weaken and borrowing costs stay high.
15-year rate falls to 5.35% as refinance applications more than double from a year ago.
At a median home price of $413,595 and a 30-year mortgage rate of 6%, 88.2 million households are priced out, and a $1,000 increase prices out 156,405 more.
Purchase application activity rises as 15-year rate averages 5.44%.
The rate is near its lowest level in years and down from 6.89% recorded one year ago.
Freddie Mac reports 15-year rate averages 5.49% as economists cite low rates spurring purchase and refinance applications.
Homebuilder reports 5% revenue decline and narrower margins as affordability improves but confidence lags.
Freddie Mac reports current 15-year fixed rate is 5.44%, with both rates remaining at their lowest levels in three years.
The order directs Federal agencies to block Wall Street purchases of single-family homes, defines investor categories within 30 days, and requires $200 billion in mortgage-backed security purchases to lower rates.
Rate reaches lowest level in over three years as 15-year fixed product drops to 5.38%.