Economists React to New Construction and Mortgage Rate Reports

September 17, 2020 Christina Hughes Babb

Economists this week commented on recent New Construction and Freddie Mac reports. Freddie Mac recently released the results from its Primary Mortgage Market Survey (PMMS). According to the data analysis, the 30-year fixed-rate mortgage (FRM) averaged at 2.87% for this past week (ending on September 17, 2020). Realtor.com's Senior Economist George Ratiu said "low mortgage ...

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