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Freddie Mac PMMS reports mortgage rates at a 10 week low

Today Freddie Mac released their Prime Mortgage Market Survey which reports average conforming mortgage rates from last week. From Freddie Mac Chief Economist, Stan Becketti: “Investors flocked to the safety of government bonds causing the 10-year Treasury yield to continue its descent following the FOMC’s decision to leave rates unchanged. The 30-year fixed-rate mortgage responded […]
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