MCLEAN, Va., Sept. 12, 2019 (GLOBE NEWSWIRE) — Freddie Mac (OTCQB: FMCC) today released the results of its Primary Mortgage Market (PMMS ), showing that the 30-year fixed-rate mortgage (FRM) rate averaged 3.56 percent.While this is an increase from last week, this is the first time 30-year fixed mortgage rates have been under 3.6 percent over four consecutive weeks since the fourth.
Mortgage Rates. Freddie Mac surveys lenders each week on the average rates, fees, and points for the most popular mortgage products. The Primary Mortgage Market Survey (PMMS) results are released Thursday at 10 a.m. ET.
The 30-year fixed-rate mortgage averaged 3.58% during the week ending Aug. 29, up three basis points from the previous week, Freddie Mac reported thursday. Nevertheless, mortgage rates remained near.
Mortgage buyer Freddie Mac said Thursday the average rate on the 30-year mortgage dropped to 3.60% from 3.75% last week. A year ago the.
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That makes the secondary mortgage market more liquid and helps lower the interest rates paid by homeowners and other mortgage borrowers. Fannie Mae and Freddie Mac also can help stabilize mortgage markets and protect housing during extraordinary periods when stress or turmoil in the broader financial system threaten the economy.
Mortgage rates continued to slide this week, signaling to homeowners that now might be a good time to refinance, according to the latest Freddie Mac Primary Mortgage Market Survey. The 30-year.
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Freddie Mac, the informal name of the Federal Home Loan Mortgage Corp., is a U.S. government-sponsored enterprise (GSE) that buys mortgages, combines them with other forms of.
MCLEAN, Va., Aug. 28, 2019 (GLOBE NEWSWIRE) — According to Freddie Mac’s (OTCQB:FMCC) August Forecast mortgage originations will reach $2 trillion in 2019 driven by a surge of homeowners refinancing.
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The average U.S. rate for a 30-year fixed mortgage fell to another three-year low this week, according to the latest Freddie Mac Primary Mortgage Market Survey.. According to the company’s data.
MCLEAN, Va., July 18, 2019 (GLOBE NEWSWIRE) — Freddie Mac (OTCQB: FMCC) today released the results of its Primary Mortgage Market Survey (PMMS ), showing that after three weeks of holding fairly steady, average mortgage rates ticked up this week. sam khater, Freddie Mac’s chief economist, says, "mortgage rates moved higher after remaining at around the same level for about three weeks.