Mortgage Rates Trend Down
Portfolio Pulse from
Freddie Mac's latest survey indicates a decrease in the 30-year fixed-rate mortgage, now averaging 6.85%.
February 20, 2025 | 5:15 pm
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POSITIVE IMPACT
Freddie Mac's survey shows a decrease in the 30-year fixed-rate mortgage to 6.85%, which could influence housing market dynamics and demand for mortgages.
The decrease in mortgage rates as reported by Freddie Mac could lead to increased demand for mortgages, potentially benefiting Freddie Mac's business. This is likely to have a positive short-term impact on FMCC's stock price.
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