Tag: mortgages

30-Year Fixed-Rate Mortgage Holds Steady at 4.88 Percent

by Maria Babaev | Mar 11, 2011 | In The News, Market Watch, Mortgage Rates | 0 |

McLean, VA – Freddie Mac (OTC: FMCC) today released the results of its Primary Mortgage Market Survey® (PMMS), which shows mortgage rates holding steady and below 5.0 percent. 30-year fixed-rate mortgage (FRM) averaged 4.88...

Real Estate Outlook: Freeze Over In Many States

by Maria Babaev | Oct 25, 2010 | Market Watch | 5 |

Part of the freeze is over for 23 states. Bank of America has announced that foreclosures are resuming in over two dozen states. The bank says in its review, it has not found a single occasion where a foreclosure proceeded in...