Industry NewsMortgage

Mortgage rates ease again

Impact of Fed's MBS exit may be tempered by Fannie, Freddie purchases
Published on Feb 18, 2010

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by CareyBot

Rates on 30-year fixed-rate mortgages averaged 4.93 percent with an average of 0.7 point this week, down from 4.97 percent a week ago, Freddie Mac said in releasing the results of its weekly Primary Mortgage Market Survey.

The 15-year fixed-rate mortgage averaged 4.33 percent with an average 0.6 point, down from 4.34 percent last week and 4.68 percent a year ago.

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