“Make Money” host Charles Payne claims that Americans spend too much and save too little.
Mortgage fees have been lower this week. Mortgage buyer Freddie Mac I said on Thursday.
Freddie Mac's latest primary mortgage market research, released Thursday, showed that the average rate for benchmark 30-year fixed mortgages was down just 6.62% from last week's 6.64% reading. The average rate for a 30-year loan was 6.88% a year ago.
“Average 30 years of fixed-rate mortgages continue to decline, remaining below 7% for the 12th consecutive week,” said Sam Carter, chief economist at Freddie Mac. “As the purchasing application continues to rise, the spring home viewing season is beginning to look more positive than last year.”
“For Sale” sign in Philadelphia home. (Getty Images/Joe Lamberti via Getty Images/Bloomberg)
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The average rate for fixed mortgages for 15 years fell to 5.82%, and has not changed since last week. 1 year ago rate 15-year fixed note Average 6.16%.
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