Freddie Mac (OTC: FMCC) today released the results of its Primary Mortgage Market Survey® (PMMS®), showing mortgage rates dropping sharply amid falling bond yields and signs of a weaker than expected economy. The 30-year fixed averaged 4.39 percent, its lowest level for 2011. The 15-year fixed and 5-year ARM set new historical record lows averaging 3.54 percent and 3.18 percent, respectively.
Monday, August 8, 2011
Mortgage Rates Hit Record Lows Amid Signs of Weakening Economy
http://bit.ly/r3KEa8
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment