Economics News Results

  • Mortgage Rates Decrease

    Freddie Mac (FMCC) today released the results of its Primary Mortgage Market Survey, showing that the 30-year fixed-rate mortgage averaged 2.88 percent. “As a result of low mortgage rates that have stayed under three percent since July, the housing market has seen a strong, upward trajectory during a very uncertain time,” said Sam Khater, Freddie Mac’s Chief Economist.

  • Mortgage Rates Remain Relatively Flat

    Freddie Mac (FMCC) today released the results of its Primary Mortgage Market Survey® , showing that the 30-year fixed-rate mortgage averaged 2.93 percent. “Mortgage rates have remained effectively flat or at near record lows for the last month,” said Sam Khater, Freddie Mac’s Chief Economist.

  • Mortgage Rates Fall

    Freddie Mac (FMCC) today released the results of its Primary Mortgage Market Survey® , showing that the 30-year fixed-rate mortgage averaged 2.91 percent. “This year has been anything but normal and as the uncertainty lingers, mortgage rates remain near record lows,” said Sam Khater, Freddie Mac’s Chief Economist.

  • OTTAWA BANCORP, INC. ANNOUNCES CASH DIVIDEND

     Ottawa Bancorp, Inc. (OTTW), the holding company for Ottawa Savings Bank FSB, announced today that its Board of Directors has declared a quarterly cash dividend of $0.08 per share, payable on or about September 16, 2020, to stockholders of record as of the close of business on September 2, 2020.

  • Mortgage Rates Decrease Slightly

    Freddie Mac (FMCC) today released the results of its Primary Mortgage Market Survey® , showing that the 30-year fixed-rate mortgage averaged 2.99 percent. “It’s Groundhog Day in the mortgage market as rates continue to remain near historic lows, driving purchase demand over 20 percent above a year ago,” said Sam Khater, Freddie Mac’s Chief Economist.

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