New Homes in Houston TX by Long Lake

Mortgage Rates Dip Lower

Average fixed mortgage rates were lower this week than the same time last year, according to the recently released Primary Mortgage Market Survey® (PMMS®), put out by Freddie Mac. “Mortgage rates were down following the release of first quarter real GDP final estimate, which fell at a 2.9 percent annualized rate, a steeper than expected decline and the worst reading …