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Freddie Mac Report Shows Strong Housing Data

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Freddie Mac Report Shows Strong Housing Data

The housing sector is continuing to be a major driver of the U.S. Economy according to a very optimistic July report issued by Freddie Mac....

Published Mon, Jul 07 2005 7:00 AM by Glenn Setzer

Filed under: mortgage rates, 1 Year ARM, mortgage originations, new home sales, existing home sales, Freddie Mac July Economic Outlook, Economic Report, U.S. Gross Domestic Product (GDP), renovations, new construction, home buying expenses, real estate commissions, single family housing starts, adjustable rate mortgages, home price appreciation

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Mortgage Rates:

30 Yr FRM 3.88%
|
15 Yr FRM 3.25%
|
Jumbo 30 Year Fixed 4.14%

MBS Prices:

30YR FNMA 4.5 106-20 (-0-06)
|
30YR FNMA 5.0 108-01 (-0-05)
|
30YR FNMA 5.5 108-30 (-0-03)

Recent Housing Data:

Mortgage Apps -1.01%
|
Refinance Index 0.83%
|
NAHB Builder Confidence 16.00%

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