Rob Rud

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The Mortgage Blog Of Rob Rud

Mortgage Rates Decrease

Freddie Mac’s Primary Mortgage Market Survey states that mortgage rates fell this week after 2 weeks of sustained rates. According to the report, the average 30-year fixed-rate mortgage fell to 4.22%, down from last week’s average of 4.35%. The Vice President of Freddie Mac, Frank Nothaft said, “fixed mortgage rates fell this week on reports of weaker manufacturing growth and declines in overall inflation rates.” Nothaft also stated that industrial production also decreased more than experts forecasted. More here

Category: Housing Market

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Contact:

Rob Rud
Senior Division President
Diamond Residential Mortgage Corporation
265 Morthland Dr. Ste. E
Valparaiso, IN 46383
Ph: 219-548-2299 ext 2104
Efax: 866-501-3292
NMLS#: 268277

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