Long-Term Mortgage Rates Relatively Flat: Housing Industry Still in Deep Slump
McLEAN, VA — Freddie Mac (NYSE:FRE) today released the results of its Primary Mortgage Market Survey (PMMS) in which the 30-year fixed-rate mortgage (FRM) averaged 6.52 percent with an average 0.7 point for the week ending August 7, 2008, unchanged from last week when it averaged 6.52 percent. Last year at this time, the 30-year FRM averaged 6.59 percent.
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Long-Term Mortgage Rates Relatively Flat: Housing Industry Still in Deep Slump
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