Concern Over Softening Housing Market Helped Bring About a Drop in Mortgage Rates This Week
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Jul 29th, 2007 |
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Loading ...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 6.69 percent with an average 0.4 point for the week ending July 26, 2007, down from last week when it averaged 6.73. Last year at this time, the 30-year FRM averaged 6.72 percent.
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Tags: housing market