Freddie Mac has released the results of its Primary Mortgage Market Survey (PMMS) in which the 30-year fixed-rate mortgage (FRM) averaged 5.20 percent with an average 0.7 point for the week ending July 23, 2009, up from last week when it averaged 5.14 percent. Last year at this time, the 30-year FRM averaged 6.63 percent. The 15-year FRM this week averaged 4.68 percent with an average 0.7 point, up from last week when it averaged 4.63 percent. A year ago at this time, the 15-year FRM averaged 6.18 percent.Read more

More state and national mortgage news and mortgage press releases:

1. Freddie Mac PMMS finds rates remain stable and low for the week Freddie Mac has released the results of its Primary...
2. Low rates equate to increased affordability according to Freddie Mac PMMS Freddie Mac has released the results of its Primary...
3. Freddie Mac PMMS: Rates down to lowest level in three months Freddie Mac has released the results of its Primary...
4. Low rates helping to stabilize market according to Freddie Mac PMMS Freddie Mac has released the results of its Primary...
5. 30-year FRM lowest in four months according to Freddie Mac PMMS Freddie Mac has released the results of its Primary...

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