Monday, December 07, 2009

Freddie Mac (NYSE:FRE) recently released the results of its Primary Mortgage Market Survey (PMMS) in which the 30-year fixed-rate mortgage (FRM) averaged 4.71 percent with an average 0.7 point for the week ending December 3, 2009, down from last week when it averaged 4.78 percent.

Last year at this time, the 30-year FRM averaged 5.53 percent.

The 30-year has never been this low since Freddie Mac began its weekly survey in 1971. It's a great time to buy real estate!

Dianne Dunn
www.NewBernHomes.com
www.SearchNewBernHomes.com

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