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2010
McLean, VA - Freddie Mac (NYSE:FRE) today released the results of its Primary Mortgage Market Survey® (PMMS®) in which the 30-year fixed-rate mortgage (FRM) averaged 4.58 percent with an average 0.7 point for the week ending July 1, 2010, down from last week when it averaged 4.69 percent. Last ye...
07/06/2010
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Mortgage rates moved downward again last week as the economic recovery showed further signs ofslowing. The respected ISM Manufacturing Index dropped last week. While the index does remainabove 50, which indicates that manufacturing is growing, the dip is another sign that themanufacturing-led rec...
07/05/2010
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07/02/2010
WASHINGTON - Eligible taxpayers who contracted to buy a home, qualifying for the first-time homebuyer credit, before the end of April now have until Sept. 30, 2010 to close the deal, according to the Internal Revenue Service. The Homebuyer Assistance and Improvement Act of 2010, signed by the Pre...
07/02/2010