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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...
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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...