30-year fixed-rate mortgage (FRM) averaged 4.04 percent with an average 0.6 point for the week ending June 11, 2015, up from last week when it averaged 3.87 percent. A year ago at this time, the 30-year FRM averaged 4.20 percent.
Month: June 2015
The new home market in Dallas-Fort Worth still has a long way to go before it recovers from the recession. Annual single-family home starts are only about half what they were in 2006. And despite huge demand, builders can’t start enough new houses.