Freddie Mac released the results of its Primary Mortgage Market Survey in which the 30-year fixed-rate mortgage averaged 4.8 percent with an average 0.7 point for the week ending April 2, 2009, down from last week when it averaged 4.85 percent. Last year at this time, the 30-year averaged 5.88 percent. The 30-year has not been lower in the life of Freddie Macs weekly survey, which dates back to 1971 for the 30-year fixed rate mortgage. The 15-year fixed rate this week averaged 4.52 percent with an average 0.7 point, down from last week when it averaged 4.58 percent. A year ago at this time, the 15-year averaged 5.42 percent. The 15-year has never been lower in the life of Freddie Macs weekly survey, which dates back to 1991 for the 15-year fixed rate mortgage Visit Rhody Juice to read more of my articles.Mortgage Rates Fall Again - Another Record Low
- By Michael McCann
- Posted
Freddie Mac released the results of its Primary Mortgage Market Survey in which the 30-year fixed-rate mortgage averaged 4.8 percent with an average 0.7 point for the week ending April 2, 2009, down from last week when it averaged 4.85 percent. Last year at this time, the 30-year averaged 5.88 percent. The 30-year has not been lower in the life of Freddie Macs weekly survey, which dates back to 1971 for the 30-year fixed rate mortgage. The 15-year fixed rate this week averaged 4.52 percent with an average 0.7 point, down from last week when it averaged 4.58 percent. A year ago at this time, the 15-year averaged 5.42 percent. The 15-year has never been lower in the life of Freddie Macs weekly survey, which dates back to 1991 for the 15-year fixed rate mortgage Visit Rhody Juice to read more of my articles.
