Freddie Mac (FMCC) Reports 30-year FRM Averaged 7.63%
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Mortgage Rates Approach Eight Percent
October 19, 2023 12:00 PM EDTMCLEAN, Va., Oct. 19, 2023 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB: FMCC) today released the results of its Primary Mortgage Market Survey® (PMMS®), showing the 30-year fixed-rate mortgage (FRM) averaged 7.63 percent.
Mortgage rates continued to approach eight percent this week, further impacting affordability, said Sam Khater, Freddie Macs Chief Economist. In this... More
