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 Rise In Rates Is Small And Gradual
16-06-2006
McLEAN, VA -- Freddie Mac (NYSE:FRE) today released the results of its Primary Mortgage Market SurveySM (PMMSSM) in which the 30-year fixed-rate mortgage (FRM) averaged 6.63 percent, with an average 0.5 point, for the week ending June 15, 2006, up very slightly from last week's average of 6.62 percent. Last year at this time, the 30-year FRM averaged 5.63 percent.
The average for the 15-year FRM this week is 6.25 percent, with an average 0.6 point, up slightly from last week's average of 6.23 percent. A year ago, the 15-year FRM averaged 5.22 percent.
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