Showing posts with label mortgage market. Show all posts
Showing posts with label mortgage market. Show all posts

Thursday, July 8, 2010

30 Year Mortgage Hits a New Low


Freddie Mac today released the results of its Primary Mortgage Market Survey® (PMMS®) in which the 30-year fixed-rate mortgage (FRM) averaged 4.57 percent with an average 0.7 point for the week ending July 8, 2010, down from last week when it averaged 4.58 percent. Last year at this time, the 30-year FRM averaged 5.20 percent. This rate is yet another all-time low in Freddie Mac’s 39-year survey.

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Sunday, May 2, 2010

Mortgage Market Share

With the vast majority of current mortgage lending now intermediated in some form by the GSEs, it will be difficult for the housing market to return to normal.

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