Economic & Housing Research
Weekly Commentary
February 2, 2012
Most mortgage rates eased to all-time record lows this week as fourth quarter growth in the economy fell short of market projections. The Gross Domestic Product rose 2.8 percent in the final three months of 2011, below the market consensus forecast of 3.0 percent, while consumer spending in December was flat. One bright spot, however, was that fixed residential investment increased for the third consecutive quarter and residential construction spending rebounded in December, rising 0.7 percent. >> Next Commentary: February 9
- Weekly Commentary – January 26, 2012
- Weekly Commentary – January 19, 2012
Monthly Outlook
Freddie Mac compiles data on major economic and housing and mortgage market indicators and offers forecasts based on those indicators.
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Refinancing Activity Reports
Freddie Mac compiles statistics on loans it purchases that refinance loans in its portfolio.
- Q4 2011 Release - February 2, 2012
(Release of Q1 2012 Data: TBD) - Q3 2011 Product Transition Release -
November 15, 2011
(Release of Q4 2011 Data: TBD) - Refinance Data Reports
Adjustable-Rate Mortgage Annual Survey
Freddie Mac conducts an annual survey of primary market interest rates on several ARM products.
Freddie Mac House Price Index (FMHPISM)
The FMHPI provides a measure of typical price inflation for houses within the United States.
- FMHPI Data
(Release of Q4 FMHPI Data: TBD)
Monthly Refinance & ARM Shares
Freddie Mac collects the Refinance and ARM share of applications, as reported by lenders who participate in the Weekly Mortgage Market Survey.
Disclaimer
Opinions, estimates, forecasts and other views contained in this page are those of Freddie Mac's Office of the Chief Economist, do not necessarily represent the views of Freddie Mac or its management, should not be construed as indicating Freddie Mac's business prospects or expected results, and are subject to change without notice. Although the Office of the Chief Economist attempts to provide reliable, useful information, it does not guarantee that the information is accurate, current or suitable for any particular purpose. © 2012 by Freddie Mac. Information from this page may be used with proper attribution.
Primary Mortgage Market Survey ®
| 30-yr | 15-yr | |
|---|---|---|
| Avg. Rate | 3.87 % | 3.14 % |
| Fees/Pts | 0.8 | 0.8 |
Next rate update: February 9, 2012
Other Resources
Monthly Refi & ARM Shares
| Refi | ARM | |
|---|---|---|
| Dec '11 | 83% | 6% |
| Nov '11 | 80% | 8% |
| Dec '10 | 78% | 6% |
Next Share Update: February 20, 2012
Federal COF Index
| COFI | |
|---|---|
| Dec '11 | 1.152 |
| Nov '11 | 1.157 |
| Dec '10 | 1.333 |
Next COFI Update: February 20, 2012