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With the exception of the one-year adjustable rate mortgage (ARM) mortgage rates fell during the week ended October 9 according to Freddie Mac's Primary Mortgage Market Survey. The 30-year fixed-rate mortgage (FRM) carried an average contract interest rate of 5.94 percent with 0.6 point compared...
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Mortgage rates fell again during the week ended September 18 according to data from its Primary Mortgage Market Survey released on Thursday by Freddie Mac. The 30-year fixed-rate mortgage (FRM) averaged 5.78 percent for the week with 0.6 point. One week ago the average was 5.93 percent with 0.7 point...
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In its first week at least, the conservatorship of Freddie Mac and Fannie Mae accomplished one part of the hoped-for effect; longer term mortgage rates plunged to levels not seen for months. Freddie's Primary Mortgage Market Survey for the week ended September 11 (which includes the four business...
Posted to
MND NewsWire
by
Jann Swanson
on
Fri, Sep 12 2008
Filed under:
Filed under: mortgage rates, Freddie Mac, Mortgage Bankers Association, Mortgage Applications, Frank Nothaft, freddie mac, mortgage applications, mortgage rates, mortgage bankers association, frank nothaft
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The average mortgage rates reported below result from surveys that concluded two or three days before the federal takeover tsunami hit the market. A decline in rates is one frequently stated hope from the conservatorship of the two GSEs and some sources already reported that rates on the 30-year fixed...
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Due to reports of continued weakness in the economy, rates on fixed-rate mortgages edged lower during the week ended August 28 according to the results of Freddie Mac's Primary Mortgage Market Survey. The 30-year fixed-rate mortgage (FRM) averaged 6.40 percent with 0.6 point for the week compared with...
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Mortgage interest rates broke through the gridlock of the last few weeks and, with the exception of one-year adjustable rates, moved lower. According to Freddie Mac, the results of its Primary Mortgage Market Survey indicated that the average contract rate for the 30-year fixed-rate mortgage (FRM) was...
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Mortgage interest rates remained flat during the week ended August 7 according to the weekly Primary Mortgage Market Survey released by Freddie Mac. The 30-year fixed-rate mortgage (FRM) averaged 6.5 percent with 0.7 point, unchanged from the previous week. The 15-year FRM averaged 6.10 percent, up 3...
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Fixed-rate mortgages (FRMs) hit the highest levels of 2008 during the week ended July 24 according to Freddie Mac's Primary Mortgage Market Survey. 30-year FRMs averaged 6.63 percent with 0.6 point for the week, compared to 6.26 percent with 0.6 point a week earlier and the 15-year FRM averaged 6.18...
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Rates for both short- and long-term mortgages tumbled last week according to Freddie Mac's Primary Mortgage Market Survey. The 30-year fixed-rate mortgage (FRM) dropped to an average of 6.26 percent with 0.6 point for the week ended July 17. The previous week the 30-year averaged 6.37 percent also with...
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According to Freddie Mac's Primary Mortgage Market Survey for the week ending July 10, there was little change in either short or long term mortgage rates . The 30-year fixed-rate mortgage (FRM) increased from 6.35 percent with 0.6 point during the week ended July 3 to 6.37 percent also with 0.6 point...
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Mortgage interest rates dropped slightly during the week ended July 3 according to results of the Primary Mortgage Market Survey released by Freddie Mac. The 30-year fixed-rate mortgage (FRM) eased back from the 6.45 percent with 0.6 point that it had averaged for the week ended July 26 to 6.35 percent...
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Mortgage rates continued to set record 2008 levels with long term rates moving up slightly during the week ended June 26, and short term rates increasing modestly but in double digits. The information comes from the Primary Mortgage Market Survey released from Freddie Mac as financial markets waited...
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Fixed-rate mortgage interest increased again during the week ended June 19 according to results from the Primary Mortgage Market Survey released by Freddie Mac. The 30-year fixed-rate mortgage (FRM) jumped from 6.32 percent to 6.42 percent with fees and points unchanged at 0.7. This was the highest rate...
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After weeks of relative inactivity, long-term interest rates took a huge jump, finishing the week ended June 12 at an eight-month high. According to the Freddie Mac Primary Mortgage Market Survey, the 30-year fixed-rate mortgage (FRM) averaged 6.32 percent with 0.7 point. During the week ended June 5...
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While the stock market has been undergoing some wild fluctuations over the last couple of weeks, the mortgage scene has been quiet ' very quiet. According to Freddie Mac which released the results of its Primary Mortgage Market Survey for the week ended June 5, the two long-term products , the 30-year...