Chart Of The Day: US Mortgage Rates Hit Record Lows
By Mark Perry on March 20, 2009 | More Posts By Mark Perry | Author's Website
McLean, VA - Freddie Mac (NYSE:FRE) today released the results of its Primary Mortgage Market Survey in which the 30-year fixed-rate mortgage (FRM) averaged 4.98% with an average 0.7 point for the week ending March 19, 2009, down from last week when it averaged 5.03%. Last year at this time, the 30-year FRM averaged 5.87%. The 30-year FRM has not been lower since the week ending January 15, 2009, when it hit an all-time low of 4.96% in Freddie Mac’s weekly survey survey.
MP: Watch for the Housing Affordability Index to reach a new record high on its next release.
If you like this article please...
Leave A Comment :
Recent Market Opinions:
Many Western Oil Producers Like Exxon, Shell And Eni Are Reluctantly Returning To Iraq’s Oilfields
Economic, News And Corporate Earnings Reports For The Week Nov 9 - 13
Stock Investor Sentiment: Changes Within The Indicators
The Mob Rules - At Least So Long As Long As Goldman And The Fed Can Continue To Drive The US Dollar Into The Ocean
Dollars And Books Revisited
Recent News:
Japanese Stock Market Ends Mixed Amid Cautious Trading - 3 mins ago
*Denmark Sept. Current Account Deficit At DKK 8.4 Bln Vs. DKK 8.8 Bln Surplus Last Year - 8 mins ago
*Denmark Sept. Total Trade Surplus At DKK 3.4 Bln Vs. DKK 3.9 Bln In August - 11 mins ago
Czech Consumer Prices Decline For First Time Since August 2003 - 18 mins ago
Bank Of France Industrial Confidence Continues To Rise In October - 22 mins ago
Opinions From Our Contributors



