Real Estate Blog

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 6.46 percent with an average 0.7 point for the week ending October 30, 2008, up from last week when it averaged 6.04 percent. Last year at this time, the 30-year FRM averaged 6.26 percent.

Read the original here:
Bond Yields Drive Long-Term Mortgage Rates to Higher Levels

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This entry was posted on Friday, October 31st, 2008 at 5:00 am and is filed under Real Estate. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.