31 July 2014
Freddie Mac today released the results of its Primary Mortgage Market Survey®, showing average fixed mortgage once again showing very little change while remaining near their 2014 lows prior to a better than expected second quarter gross domestic product reading.
Average commitment rates should be reported along with average fees and points to reflect the total upfront cost of obtaining the mortgage. Visit the following links for the Regional and National Mortgage Rate Details and Definitions. Borrowers may still pay closing costs which are not included in the survey.
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