Freddie Mac’s PMMS report was released this morning showing just how low mortgage interest rates have dropped during the pandemic. Remember, the Prime Mortgage Market Survey’s rates are last week’s news as they are based on an average of mortgage rates from last week.
Mortgage Rates at Extremely Low Levels
Freddie Mac reports mortgage rates trending higher
Freddie Mac released their weekly report on average mortgage rates for last week. From the PMMS Report:
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