Thursday, June 28, 2012

Freddie Mac: Fixed Mortgage Rates Match All-Time Record Lows

Freddie Mac released it's weekly Primary Mortgage Market Survey Thursday, June 28 showing average fixed mortgage rates largely unchanged. Both the 30-year fixed and 15-year fixed rate mortgages matched their all-time record lows.

  • 30-Year fixed rate mortgage averaged 3.66%, unchanged from last week and down from 4.51% one year ago

  • 15-Year fixed rate mortgage averaged 2.94%, down from 2.95% last week, and 3.69% one year ago

To compare and track average mortgage rates from previous weeks throughout the year consult Freddie Mac's Compilation of Weekly Survey Data for 2012.

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.

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