HAR.com
Houston Real Estate Blogosphere
Houston Real Estate Blogosphere brings together all the blog posts of REALTORS from the Houston area in one place
NOV
20
15-Year FRM Drops to Lowest Ever in Freddie Mac Survey
By



Freddie Mac just released the results from the Primary Mortgage Market Survey for the week ending November 19, 2009.  The 15-year Fixed Rate Mortgage this week averaged 4.32, down from 4.36 last week and 5.73 a year ago. 

"Interest rate on 30-year fixed-rate mortgage loans fell for the third consecutive week to the lowest since the week ending May 21st, while 15-year fixed rates were the lowest since our records began in 1991," said Frank Nothaft, Freddie Mac vice president and chief economist.

The 30-year fixed-rate mortgage averaged 4.83 percent, down from 4.91 last week and 6.04 a year ago.


Disclaimer: The views and opinions expressed in this blog are those of the author and do not necessarily reflect the official policy or position of the Houston Association of REALTORS®

View other posts from Samantha Mitchell's Blog

About Author

Samantha Mitchell's Blog
@TCPForeclosures


About Me
Thank you for visiting my website. You will find local MLS listings, neighborhood information, a school finder, request form for a FREE CMA, Houston housing statistics, plus more!
Broker Associate/REALTOR®
Involved in Real Estate Industry since 2000
ePRO® Certified
Short Sale & Foreclosure Resource C
Read More...



Phone:
Fax:



HAR Member Blogs Terms of Use & Content Policy