businesspress24.com - Average 30-Year Fixed-Rate Mortgage Remains at 3.53 Percent
 

Average 30-Year Fixed-Rate Mortgage Remains at 3.53 Percent

ID: 1194862

(firmenpresse) - MCLEAN, VA -- (Marketwire) -- 02/07/13 -- (OTC: FMCC) today released the results of its (PMMS®), showing mortgage rates either unchanged or lower and should continue to aid in the ongoing housing recovery.



(FRM) averaged 3.53 percent with an average 0.8 point for the week ending February 7, 2013, the same as last week. Last year at this time, the 30-year FRM averaged 3.87 percent.

this week averaged 2.77 percent with an average 0.7 point, down from last week when it averaged 2.81 percent. A year ago at this time, the 15-year FRM averaged 3.16 percent.

(ARM) averaged 2.63 percent this week with an average 0.6 point, down from last week when it averaged 2.70 percent. A year ago, the 5-year ARM averaged 2.83 percent.

averaged 2.53 percent this week with an average 0.4 point, down from last week when it averaged 2.59 percent. At this time last year, the 1-year ARM averaged 2.78 percent.

Average commitment rates should be reported along with average fees and points to reflect the total upfront cost of obtaining the mortgage. Visit the following links for the and . Borrowers may still pay closing costs which are not included in the survey.

Attributed to Frank Nothaft, vice president and chief economist, Freddie Mac.

"Mortgage rates were either unchanged or lower this week following a mostly positive employment data for January. In January, the economy gained 157,000 new jobs and revisions to November and December added another 127,000 workers. On top of that, the annual benchmark update showed payrolls grew by an additional 424,000 jobs between April 2011 and March 2012. The only downside to the report was that the unemployment rate ticked up from 7.8 to 7.9 percent in January, which is still historically high."

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. Today Freddie Mac is making home possible for one in four homebuyers and is one of the largest sources of financing for multifamily housing. . Twitter:





Image Available:








Themen in dieser Pressemitteilung:


Unternehmensinformation / Kurzprofil:



Leseranfragen:



PresseKontakt / Agentur:



drucken  als PDF  an Freund senden  SEI Quick Poll: Advisors Expect Growth, but Don't Have a Growth Plan
BMO Suggests Nine Per Cent Household Savings Rate Key to Meeting Long-Term Financial Goals
Bereitgestellt von Benutzer: MARKETWIRE
Datum: 07.02.2013 - 09:00 Uhr
Sprache: Deutsch
News-ID 1194862
Anzahl Zeichen: 0

contact information:
Contact person:
Town:

MCLEAN, VA


Phone:

Kategorie:

Commercial & Investment Banking


Anmerkungen:


Diese Pressemitteilung wurde bisher 72 mal aufgerufen.


Die Pressemitteilung mit dem Titel:
"Average 30-Year Fixed-Rate Mortgage Remains at 3.53 Percent
"
steht unter der journalistisch-redaktionellen Verantwortung von

Freddie Mac (Nachricht senden)

Beachten Sie bitte die weiteren Informationen zum Haftungsauschluß (gemäß TMG - TeleMedianGesetz) und dem Datenschutz (gemäß der DSGVO).


Alle Meldungen von Freddie Mac



 

Who is online

All members: 10 591
Register today: 0
Register yesterday: 0
Members online: 0
Guests online: 337


Don't have an account yet? You can create one. As registered user you have some advantages like theme manager, comments configuration and post comments with your name.