Morning Minute: Mortgage rates stable, hover near record lows, Freddie Mac

Mortgage rates remained relatively unchanged this week with a 30-year,  fixed-rate mortgage averaging 3.55 percent and a 15-year, fixed-rate mortgage averaging 2.86 percent, Freddie Mac reported today. USA Today covers the news in, “Mortgage rates steady, continue to help housing recover.”

In other news:

Jobs data looks brighterChicago Tribune

Chicago-area existing home sales skyrocketSkyline

 

This entry was posted in Housing Market, Uncategorized by Stephanie Sievers. Bookmark the permalink.

About Stephanie Sievers

Stephanie Sievers is Senior Editor for the Illinois Association of REALTORS®. She serves as Senior Editor for IAR publications including the Illinois REALTOR® magazine and all other IAR publications. She is responsible for developing content for the Illinois REALTOR® Weekly Connection e-newsletter, coordinates the IAR Twitter account content at ILREALTOR and plans and develops content for videos. She assists in developing and writing content for the IAR blog. She also is involved in researching and drafting news releases and coordinates the news media distribution database and newsclips reports for the Association. She also assists in IAR spokesperson training seminars and is involved in development of association briefing materials on issues. She assists with the housing statistics program and reports.

Leave a Reply

Your email address will not be published. Required fields are marked *

*

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>