Thursday, July 16, 2020

“Mortgage rates fell below 3 percent for the first time in 50 years" Sam Khater (Freddie Mac’s Chief Economist)



  • MCLEAN, Va., July 16, 2020 (GLOBE NEWSWIRE) 
  • Freddie Mac(OTCQB: FMCC) today released the results of its Primary Mortgage Market Survey® (PMMS®), 
  • showing that the 30-year fixed-rate mortgage (FRM) averaged 2.98 percent, 
  • the lowest rate in the survey’s history dating back to 1971.
Full article: https://freddiemac.gcs-web.com/news-releases/news-release-details/mortgage-rates-fall-below-three-percent

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