- Three Mile Island 40th Anniversary
- Elsa from Frozen Made a Cameo Appearance Leading Huntington Parade, Visits Eastgate Mall Saturday in Cincy IMAGES
- West Huntington Drug Bust
- DHHR Announces Emergency Energy Assistance Program for Low Income Residents
- Ohio Inspector General finds Bowling Green State University professor commits wrongdoing by accessing and disseminating erotic literature
- House of Delegates Votes to Increase Substance Abuse Treatment Opportunities
- Batman and Batgirl Visit Marquee Pullman with friends for "Lego Batman" debut
- Lecture series aims to fight substance abuse with education, collaboration
- Belle, Beast and Chorus Visit Marquee Pullman IMAGES
- Oak Ridge Demolition of Enriched Uranium Processing Plant Led to Radiation in the City's Sewer Facilities
FREDDIE MAC: Fixed Mortgage Rates Continue to Seesaw
"Mortgage rates were down slightly following the release of real GDP estimates for the first quarter of the year which rose 0.1 percent and fell well short of market expectations," said Frank Nothaft, Freddie Mac's vice president and chief economist. "Meanwhile, the pending home sales index rose in March ending eight consecutive months of decline and the S&P/Case-Shiller® 20-city composite house price index [PDF] rose 12.9 percent over the 12-months ending in February 2014."
- 30-year fixed-rate mortgage (FRM) averaged 4.29 percent with an average 0.7 point for the week ending May 1, 2014, down from last week when it averaged 4.33 percent. A year ago at this time, the 30-year FRM averaged 3.35 percent.
- 15-year FRM this week averaged 3.38 percent with an average 0.6 point, down from last week when it averaged 3.39 percent. A year ago at this time, the 15-year FRM averaged 2.56 percent.
- 5-year Treasury-indexed hybrid adjustable-rate mortgage (ARM) averaged 3.05 percent this week with an average 0.4 point, up from last week when it averaged 3.03 percent. A year ago, the 5-year ARM averaged 2.56 percent.
- 1-year Treasury-indexed ARM averaged 2.45 percent this week with an average 0.5 point, up from last week when it averaged 2.44 percent. At this time last year, the 1-year ARM averaged 2.56 percent.
Average commitment rates should be reported along with average fees and points to reflect the total upfront cost of obtaining the mortgage. Visit the following links for the Regional and National Mortgage Rate Details and Definitions. Borrowers may still pay closing costs which are not included in the survey.