Refinancing Last Week Made Up Nearly Half Of All Mortgage Applications Oct 5th 2006
 
Refinancing Last Week Made Up Nearly Half Of All Mortgage Applications
Date: 10/8/2006
 

Freddie Mac today released the results of its Primary Mortgage Market Survey (PMMS) in which the 30-year fixed-rate mortgage (FRM) averaged 6.30 percent with an average 0.3 point for the week ending October 5, 2006, down very slightly from last week when it averaged 6.31 percent. Last year at this time, the 30-year FRM averaged 5.98 percent. This is the lowest the 30-year FRM has been since the week of March 2, 2006, when it averaged 6.24 percent.
 
  
  
  
  
  
  
  
  
  
  
 

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