Mortgage rates

In this Spet. 9, 2019, photo, Treasury Secretary Steve Mnuchin speaks to reporters outside the West Wing of the White House in Washington. Trump administration officials are coming before Congress to defend their plan for ending government control of Fannie Mae and Freddie Mac, the giant mortgage finance companies that nearly collapsed in the financial crisis 11 years ago and were bailed out at cost to taxpayers of $187 billion. Treasury Mnuchin and Housing and HUD Secretary Ben Carson are testifying Sept. 10 before the Senate Banking Committee on the plan for returning Fannie and Freddie to private ownership. (AP Photo/Andrew Harnik)
1010 WINS Newsroom
September 10, 2019 - 1:51 pm
WASHINGTON (AP) — Trump administration officials on Tuesday defended their plan to Congress for ending government control of mortgage finance giants Fannie Mae and Freddie Mac, clashing with Democratic senators on whether the change would raise home borrowing costs and neglect lower-income...
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FILE - This Monday, Aug. 8, 2011, file photo shows the Fannie Mae headquarters in Washington. The Trump administration has unveiled its plan for ending government control of Fannie Mae and Freddie Mac, those are the two giant mortgage finance companies that nearly collapsed in the financial crisis 11 years ago and were bailed out by taxpayers at a total cost of $187 billion, Thursday, Sept. 5, 2019. (AP Photo/Manuel Balce Ceneta, File)
1010 WINS Newsroom
September 05, 2019 - 7:17 pm
WASHINGTON (AP) — The Trump administration has unveiled its plan for ending government control of Fannie Mae and Freddie Mac, the two giant mortgage finance companies that nearly collapsed in the financial crisis 11 years ago and were bailed out at a total cost to taxpayers of $187 billion. The...
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In this Sept. 3, 2019 photo a sign rests in front of a newly constructed home, in Westwood, Mass. On Thursday, Sept. 5, Freddie Mac reports on this week’s average U.S. mortgage rates. (AP Photo/Steven Senne)
1010 WINS Newsroom
September 05, 2019 - 12:02 pm
WASHINGTON (AP) — U.S. long-term mortgage rates fell this week, with the average on the key 30-year loan reaching its lowest point in nearly three years. Mortgage buyer Freddie Mac said Thursday that the rate on the 30-year mortgage declined to 3.49% from 3.58% last week. The average rate hasn't...
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In this Aug. 16, 2019, photo for sale signs beckon buyers to homes along Park Avenue in Richmond, Va. On Thursday, Aug. 29, Freddie Mac reports on this week’s average U.S. mortgage rates. (AP Photo/Steve Helber)
1010 WINS Newsroom
August 29, 2019 - 10:10 am
WASHINGTON (AP) — U.S. long-term mortgage rates ticked up slightly this week, yet they remain near historic lows. Mortgage buyer Freddie Mac said Thursday that the average rate on the 30-year loan rose to 3.58% from 3.55% last week. Mortgage rates have fallen sharply as a slowing global economy and...
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FILE - In this June 13, 2019, file photo stacks of building materials are stacked up near new home under construction in Mechanicsville, Va. On Friday, Aug. 23, the Commerce Department reports on sales of new homes in July. (AP Photo/Steve Helber, File)
1010 WINS Newsroom
August 23, 2019 - 10:46 am
WASHINGTON (AP) — Sales of new U.S. homes fell a steep 12.8% in July as higher prices and limited inventory sidelined would-be buyers. The Commerce Department said Friday that new homes sold at a seasonally adjusted annual rate of 635,000 units. That's down from a sharply revised upward rate of 728...
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In this Friday, Aug. 16, 2019, photo for sale signs beckon buyers to homes along Park Avenue in Richmond, Va. On Wednesday, Aug. 21, the National Association of Realtors reports on sales of existing homes in July. (AP Photo/Steve Helber)
August 21, 2019 - 10:56 am
WASHINGTON (AP) — U.S. home sales increased 2.5% in July, a sign that lower mortgage rates have produced a spurt of home-buying. The National Association of Realtors said Wednesday homes sold last month at a seasonally adjusted annualized rate of 5.42 million units, up from 5.29 million in June...
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FILE - In this June 19, 2019, file photo a worker carries shingles for a roof of a house under construction in a Brandon, Miss., neighborhood. On Friday, Aug. 16, the Commerce Department reports on U.S. home construction in July. (AP Photo/Rogelio V. Solis, File)
August 16, 2019 - 11:22 am
WASHINGTON (AP) — The pace of U.S. home construction fell a sharp 4% in July despite strong demand from would-be buyers, held back by a shortage of skilled labor and affordable land. The Commerce Department said Friday that housing starts slipped last month to a seasonally adjusted annual rate of 1...
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In this Tuesday, Aug. 13, 2019, photo a woman walks past a home listed in Cambridge, Mass. On Thursday, Aug. 15, Freddie Mac reports on this week’s average U.S. mortgage rates. (AP Photo/Charles Krupa)
August 15, 2019 - 12:43 pm
WASHINGTON (AP) — U.S. long-term mortgage rates remained near historically low levels this week against a backdrop of volatile financial markets around the globe. Mortgage buyer Freddie Mac said Thursday the average rate on the benchmark 30-year loan was unchanged at 3.60%, its lowest level since...
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FILE - In this July 22, 2019 photo, a for sale sign is posted in front of a home in Miami. On Thursday, Aug. 8, Freddie Mac reports on this week’s average U.S. mortgage rates. (AP Photo/Lynne Sladky, File)
August 08, 2019 - 1:50 pm
WASHINGTON (AP) — U.S. long-term mortgage rates fell sharply this week, with the benchmark 30-year loan touching its lowest level since November 2016. Financial markets around the globe have been whipsawed by anxiety over the U.S.-China trade war, sending investors fleeing from stocks to the safety...
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In this Friday, July 19, 2019 photo, a For Sale sign is posted in front of a home in Miami. On Thursday, July 25, Freddie Mac reports on this week’s average U.S. mortgage rates. (AP Photo/Lynne Sladky)
July 25, 2019 - 1:06 pm
WASHINGTON (AP) — U.S. long-term mortgage rates fell this week, edging toward three-year lows amid signals from Federal Reserve officials that they could cut their benchmark interest rate at their meeting next week. Mortgage buyer Freddie Mac said Thursday the average rate on the key 30-year...
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