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Mortgage Rates
July 2, 2009
| LOAN | RATE % | APR % |
|---|---|---|
| 30yr fixed | 5.15 | 5.30 |
| 30yr fixed jumbo | 6.03 | 6.21 |
| 15yr fixed | 4.70 | 4.88 |
| 15yr fixed jumbo | 5.25 | 5.50 |
| 5/1 ARM | 5.08 | 5.60 |
| 5/1 ARM jumbo | 4.50 | 4.62 |
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Latest News
MORTGAGE RATES MOSTLY FLAT AMID MIXED ECONOMIC NEWS
McLean, VA – 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 5.42 percent with an average 0.7 point for the week ending June 25, 2009, up from last week when it averaged 5.38 percent. Last year at this time, the 30-year FRM averaged 6.45 percent.