Massachusetts Home Buyer Guide

Average U.S. mortgage interest rates declined for the second consecutive week, Freddie Mac reported February 16, 2017, through its weekly Primary Mortgage Market Survey; however, interest rates averaged a half-point more than last year. 

Average U.S. mortgage interest rates slightly declined for the week ending February 9, 2017, and remained within a two-basis-point range over the past three weeks, according to Freddie Mac's weekly Primary Mortgage Market Survey.

The average mortgage interest rate in the United Stated increased for the first time in 2017 after three weeks on declines, according to Freddie Mac's Primary Mortgage Market Survey released January 26, 2017. 

Average U.S. mortgage interest rates declined for the third straight week for the week ending January 19, 2017, according to Freddie Mac's Primary Mortgage Market Survey. 

Average U.S. mortgage interest rates declined for the second consecutive week, according to Freddie Mac's Primary Mortgage Market Survey released January 12, 2017. 

(UPDATE: The Trump Administration on January 20, 2017 indefinitely suspended the recently announced FHA mortgage insurance premium reduction.)

Homebuyers will pay less for mortgage insurance when purchasing a home with an FHA loan starting later this month, the Federal Housing Administration (FHA) announced January 9, 2017; however, most Massachusetts homebuyers with credit scores 680 or higher still will have more appealing low down payment financing options.

The average U.S. interest rate for a 30-year, fixed rate mortgage declined from 4.32 percent to 4.20 percent for the week ending January 5, 2017, according to Freddie Mac's Primary Mortgage Market Survey. 

U.S. average mortgage interest rates increased for the ninth consecutive week, according to Freddie Mac's Primary Mortgage Market Survey. 

Not since April 2014 have homebuyers seen average U.S. mortgage interest rates as high as the rate reached for the week ending December 22, 2016, Freddie Mac reported in its Primary Mortgage Market Survey. 

Average U.S. mortgage interest rates increased for the seventh consecutive week, according to Freddie Mac's Primary Mortgage Market Survey. 

Average U.S. mortgage interest rates increased for the sixth consecutive week for the week ending December 8, 2016, according to Freddie Mac's Primary Mortgage Market Survey. 

Average U.S. mortgage loan interest rates rose for the fifth straight week, Freddie Mac reported December 1, 2016.