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Freddie Mac VP Says If Fed Speculation Eases, Mtg Rates Will Stay Low

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Mani
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The average rate for the 30-year fixed-rate mortgage drifted to 4.50 percent, according to Freddie Mac / Federal Home Loan Mortgage Corp (OTCBB:FMCC)’s survey of lenders.

Freddie Mac VP Says If Fed Speculation Eases, Mtg Rates Will Stay Low

Freddie Mac / Federal Home Loan Mortgage Corp (OTCBB:FMCC)'s survey comes amid signs of a weakening economic recovery, which partly forced Federal Reserve to continue its bond buying program.

Freddie Mac’s survey facts

According to the Primary Mortgage Market Survey released by Freddie Mac / Federal Home Loan Mortgage Corp (OTCBB:FMCC), the 30-year...

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Mani is a Senior Financial Consultant. He has worked in Senior Management role in large banking, financial and information technology organizations. He has provided solutions for major banking and securities firms across the globe in the area of retail, corporate and investment banking. He holds MBA (Finance) and Professional Management Accounting Qualifications. His hobbies are tracking global financial developments and watching sports