Buying a home? Act fast: Freddie Mac says rates will rise

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January existing home sales were at a 9-month low but were still up 3.2% from a year ago. Tight inventory and low rates continue to be factors. Freddie Mac’s Multi-Indicator Market Index improved for the 4th consecutive month, showing that housing is stabilizing at a national level. Teacher: “What is the chemical formula for water?”

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Buying a house? Mortgage rates are near a 4-year peak. over the life of the typical 30-year home loan. Mortgage buyer Freddie Mac said Thursday that the average rate on 30-year, fixed-rate. Recently, Freddie Mac published an Insight Report titled Nowhere to go but up? How increasing mortgage rates could affect housing.

Customers expect fast answers and don’t want to see their problem passed around. They also want certainty that the answers they get won’t change the day after tomorrow. At Freddie Mac, we have changed our approach to reflect these and other lessons I learned about serving our customers. We are asking early, often and always what our customers want.

Now is the time to Buy a home, interest rates look like they will rise in 2019 Mortgage buyer Freddie Mac says Thursday, Dec. 27, the average rate on the benchmark 30-year, fixed-rate mortgage dipped to 4.55 percent from to 4.62 percent last week.

Interest rates are on the rise. economist at Freddie Mac, rates should stay between 4.25% and 4.30% during this year’s home-buying season (roughly spring into early summer). Nevertheless,

Even if interest rates only rise by a small amount, it could still cost thousands more in interest. If you’re toying with the idea of buying a home, it may be a good. Meanwhile, Fannie Mae and.

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