Friday, May 27, 2011

Fixed Mortgage Rates Continue To Find New Lows

MCLEAN, Va., May 26, 2011 -- Freddie Mac (OTC: FMCC) today released the results of its Primary Mortgage Market Survey® (PMMS®), which shows slower economic activity pushing fixed-rate mortgages slightly lower for the sixth consecutive week. The 30-year averaged 4.60 percent; the 15-year averaged 3.78 percent, marking new lows for 2011.
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Source: realtytimes.com

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