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 6.42 percent with an average 0.4 point for the week ending May 31, 2007, up from last week when it averaged 6.37 percent. Last year at this time, the 30-year [...]

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Immensely popular in some geographic areas, while unheard of in others, the zero cost refinance program deserves a full explanation. In short, qualified borrowers can forego the payment of the traditional closing costs associated with a refinance in exchange for a slightly higher interest rate — usually about one quarter percent. These closing costs include [...]

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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 6.42 percent with an average 0.4 point for the week ending May 31, 2007, up from last week when it averaged 6.37 percent. Last year at this time, the 30-year [...]

read full story of "Mortgage Rates Rise Again on New of Growth in Durable Goods Orders"

Two new online mapping features offer literal spins on the way we get from one location to another and how we learn more about where we are going.
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