Fannie and Freddie: Mortgage Rates Fell Last Week
September 10th, 2009
Both Fannie Mae and Freddie Mac reported that average interest rates edged down during the most recent weeks for which data is available.
According to Freddie Mac’s Primary mortgage Market Survey for the week ended September 10, the 30-year fixed-rate mortgage (FRM) averaged 5.07 percent with .07 point compared to 5.08 percent also with .07 point the week before.
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Categories: Mortgage News