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Real Estate Market Strengthens as Mortgage Rates Continue to Drop

August 22, 20191 Mins read262
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Freddie Mac
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MCLEAN, Va., Aug. 22, 2019 -- Freddie Mac (OTCQB: FMCC) today released the results of its Primary Mortgage Market Survey® (PMMS®), showing that the 30-year fixed-rate mortgage (FRM) rate averaged 3.55 percent, the lowest it has been since November 2016. Sam Khater, Freddie Mac’s chief economist, says, “The drop in mortgage rates continues to stimulate the real estate market […]

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