Freddie Mac Reveals the Latest on Mortgage Rates

MPA, Nov. 27, 2023-Jonalyn Cueto
Freddie Mac has released its latest Primary Mortgage Market Survey (PMMS), revealing an average of 7.29% in the 30-year fixed rate mortgage (FRM), down from the previous week’s 7.44%. The results include an adjustment for the observance of Thanksgiving. The 30-year FRM averaged 6.58% a year ago at the same period.
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