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Mortgage Rates Continue to Slide Down
Seeing their fourth week of declines, the 30-year fixed-rate mortgage (FRM) averaged 7.29% this week, down from last week’s dip to 7.44%, according to the latest Primary Mortgage Market Survey® (PMMS®) from Freddie Mac released Wednesday, Nov. 22. This week’s results include an adjustment for the observance of Thanksgiving. This week’s numbers: The 30-year FRM… […]
Pending Home Sales Slide 2.6% in November
Pending Home Sales Slide 2.6% in November Despite the fall in month-over-month pending sales, contract signings were up 16.4% from one year ago and reached a record high for November. Media Contact: Quintin Simmons 202-383-1178