Category Archives: Interest Rates

Mortgage Rates ~ Flat

Posted on March 9, 2011 by Ryan Hinricher

Mortgage rates were largely unchanged over the last week despite turmoil continuing in the Middle East.  Freddie Mac reported the 30-year fixed rate increased just 0.1% to 4.88% from 4.87% last week.  The 15-year fixed rate stayed flat at 4.15% for the week. In the last 12 months rates have … Continue reading →

Rates Fall Like a Much Needed Rain

Posted on March 4, 2011 by Ryan Hinricher

Interest rates have been falling back lately after a meteoric rise in the last 45 days of 2010.  Have you … Continue reading →

Mortgage Rates Fall Slightly

Posted on February 18, 2011 by Ryan Hinricher

After a big jump in mortgage rates, Freddie Mac reported that interest rates pulled back for the week ending February … Continue reading →

Housing Affordability Reigns

Posted on February 7, 2011 by Ryan Hinricher

The National Association of Realtors(NAR) just released it’s Quarterly Housing Affordability Index citing that the 4th quarter of 2010 was the most affordable quarter on record.  NAR started tracking home affordability in the 1970′s, factoring in median price, rates, p & i payments, payments as a % of income, and … Continue reading →

Interest Rates in 2010

Posted on December 26, 2010 by Ryan Hinricher

I put together this chart of interest rates in 2010.  You’ll see the bottom was reached in November and we’re quickly off this cyclical low.  Barring any major intervention, I expect rates to drift higher over the next few months. – Ryan Hinricher, Senior Housing Analyst

Interest Rates Continue Steep Rise

Posted on December 10, 2010 by Ryan Hinricher

For many looking to refinance, the window is closed or is closing.  The refinance boom is coming to an end as the 30-year fixed rate jumped 0.15% to 4.61% this week, as reported by Freddie Mac.  Rates are up significantly off their bottom of 4.17% just a few weeks back. … Continue reading →