MCLEAN, VA --(Marketwired - Jun 15, 2017)- Freddie Mac (OTCQB: FMCC) today released the results of its Primary Mortgage Market Survey ® (PMMS ®), showing average
mortgage rates increasing across the board for the first time in over a month.
Not exact matches
What we do know is that many
mortgage rates increased in advance of the January 17, 2018 announcement, and GIC
rates have
increased across the board as well.
RBC
increased rates by 40 basis points (to 3.04 %) for any
mortgage with an amortization over 25 years, TD did not follow suit and, according to a TD spokesperson, «
mortgage rates are the same
across all amortizations.»
Consumers
across the nation are lining up to lock in low fixed
rate mortgages because they enable homeowners to realize significant savings with lower monthly payments while
increasing cash flow.
The truth is that rents have been
increasing across the country for the past two years at the same time that interest
rates on
mortgages have plummeted to record lows.