October 2022

Mortgage Interest Rates Review  (Fairway Asset Corp. 10/12/2022) 30 yr fx (%) 15 yr fx (%) FHA (%) 10 yr Tr Y (%) 5 yr Arm (%) 7 yr Arm (%) A year ago 3.125 2.375 2.750 1.638 A month ago 5.999 5.125 5.500 3.589 5.875 5.875 Last week 6.750 5.750 6.500 3.998 6.625 6.625 This week 6.875 5.875 6.375 4.075 6.875 6.875  Federal Fund Rate: 3.00 -3.25%        Prime Rate:...

Mortgage Interest Rates Review (by Fairway Home Loan 10/12/2022) 30 yr fx (%) 15 yr fx (%) FHA (%) 10 yr Tr Y (%) 5 yr Arm (%) 7 yr Arm (%) A year ago 2.999 2.250 2.625 1.524 A month ago 5.625 4.625 5.250 3.326 5.375 5.500 Last week 6.375 5.375 5.999 3.593 6.250 6.250 This week 6.625 5.625 6.250 3.874 6.500 6.500 Federal Fund Rate: 3.00 -3.25%        Prime Rate:...

Mortgage Interest Rates Review   (by Fairway Home Loan 10/5/2022) 30 yr fx (%) 15 yr fx (%) FHA (%) 10 yr Tr Y (%) 5 yr Arm (%) 7 yr Arm (%) A year ago 2.999 2.225 2.625 1.536 A month ago 5.625 4.625 5.250 3.326 5.375 5.500 Last week 6.750 5.750 6.500 3.957 6.500 6.500 This week 6.375 5.375 5.999 3.593 6.250 6.250   Willets Point Redevelopment steps...