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Feb
20
2009

Continuing Slow Economic Signals See Mortgage Rates Fall for All Products This Week

Market Conditions and Outlook
Freddie Mac (NYSE:FRE) today released the results of its Primary Mortgage Market Survey (PMMS) in which the 30-year fixed-rate mortgage (FRM) averaged 5.04 percent with an average 0.7 point for the week ending February 19, 2009, down from last week when it averaged 5.16 percent. Last year at this time, the 30-year FRM averaged 6.04 percent.

Read entire article: Continuing Slow Economic Signals See Mortgage Rates Fall for All Products This Week

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