MCLEAN, Va., June 06, 2019 (GLOBE NEWSWIRE) — freddie mac (otcqb: fmcc) today released the results of its Primary Mortgage Market Survey ® (PMMS ®), showing that the 30-year fixed-rate mortgage rate.

. Thursday that the average rate on the benchmark 30-year mortgage stood at 3.75%, the same as the previous week. A year ago the rate stood at 4.53%. The average rate for 15-year, fixed-rate home.

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The new average rate was the highest since May 19, 2011. By contrast, the 30-year rate averaged 4.02% a year ago. The average rate on 15-year, fixed-rate loans climbed to 4.08% from 4.01% last week.

Fannie Mae helps make the 30-year fixed-rate mortgage and affordable rental housing possible. end-credit-insurance-risk-transfer-transactions-on-30-year-single-family-loans-300882765.html.

. Freddie Mac said Thursday the average rate on the 30-year mortgage dropped to 3.60% from 3.75% last week. A year ago the rate stood at 4.59%. The average rate for 15-year, fixed-rate home loans.

which together cover $29.7 billion in unpaid principal balance of 21-year to 30-year original-term, fixed-rate loans, are part of Fannie Mae’s ongoing effort to reduce taxpayer risk by increasing the.

The percentage of refinances on all loans increased to 35%, up from 34% the month prior. “As we enter the busy spring home buying season, we are seeing activity tick back up across the board with the.

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which together cover $29.7 billion in unpaid principal balance of 21-year to 30-year original-term, fixed-rate loans, are part of Fannie Mae’s ongoing effort to reduce taxpayer risk by increasing the.

The company today is refinancing just shy of $1B of floating rate notes due this month into 30-year fixed paper, according to Bloomberg. The deal is seen pricing at 150-155 basis points above the.

Rates remain far above last year’s levels, however. The key 30-year rate averaged 3.99 percent a year ago. The average rate for 15-year fixed-rate loans fell to 3.89 percent from 3.99 percent last.

To celebrate, the company is also lowering rates. SECC President Noah Grayson stated, "Releasing a 30-year fixed non-conforming commercial mortgage. non-conforming lender providing small-balance.

The average rate on 15-year fixed-rate loans slipped to 3.99 percent from 4.04 percent a year. long-term loan rates remain near their highest levels in seven years. The average 30-year mortgage.

Rates remain far above last year’s levels, however. The key 30-year rate averaged 3.99 percent a year ago. The average rate for 15-year fixed-rate loans fell to 3.89 percent from 3.99 percent last.