Low Mortage Interest Rates

Federal Reserve’s Balance Sheet Hits Record High As Bank Buys More Bonds – The Federal Reserve’s balance sheet grew to another record size in the latest week. The Fed’s ownership of mortgage bonds guaranteed by fannie mae (fnma.ob), Freddie Mac (FMCC.OB) and the.

Mortgage rates have fallen over the past year, and rates on our site continue to be more than 2 percentage points lower than posted bank rates. On a $400,000 mortgage, that average difference in rates would result in more than $100,000 of savings over the life of your loan.

Cheaper mortgages are usually a boon to the housing market. But this year, a sharp drop in mortgage rates hasn't provided much of a lift, and.