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September 13th, 2008 1:34 PM

On September 11, 2008, Freddie Mac released the results of its Primary Mortgage Market Survey® (PMMS®) and report that the 30-year fixed-rate mortgage (FRM) averaged 5.93% for the week end, down from last week when it averaged 6.35%. Last year at this time, the 30-year FRM averaged 6.31%.

The 15-year FRM this week averaged 5.54% down from last week when it averaged 5.90%. A year ago at this time, the 15-year FRM averaged 5.97%.

Please visit http://www.freddiemac.com/news/mediaroom/ to read the entire press release.

Posted by Brian Banak on September 13th, 2008 1:34 PMPost a Comment (0)
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