Thursday, April 19, 2012

Freddie Mac Primary Mortgage Market Survey

Freddie Mac released it's weekly Primary Mortgage Market Survey Thursday, April 19th showing average fixed mortgage rates holding relatively stable this week.

  • 30-Year fixed rate mortgage averaged 3.90%, up from 3.88% last week, down from 4.80% one year ago
  • 15-Year fixed rate mortgage averaged 3.13%, up from 3.11% last week, down from 4.02% one year ago

Mortgage calculators to compare payments and equity:

Freddie Mac was established by Congress in 1970 to provide liquidity, stability and affordability to the nation's residential mortgage markets. Freddie Mac supports communities across the nation by providing mortgage capital to lenders. Over the years, Freddie Mac has made home possible for one in six homebuyers and more than five million renters.

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