Slow Housing Market Sees Mortgag... Freddie Mac (NYSE:FRE) today released the results of its Primary Mortgage Market Survey (PMMS) in which the 30-year fixed-rate mortgage (FRM) averaged 6.22 percent with an average 0.5 point for the week ending February 22, 2007, down from last week when it averaged 6.30 percent. Last year at this time, the 30-year FRM averaged 6.26 percent.
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"How Much Do You (think you) Know?" Real estate brokers, mortgage brokers and a host of other professionals concerned with providing relevant services and accurate information to real estate buyers and sellers are often frustrated when consumers ignore available expertise and do not act in their own best interest. PJ Wade asks readers if they knowingly follow this pattern themselves.