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Freddie: Rates Drop, Financial Markets Grow Wary of Housing’s Impact 

Jun 21, 2007By

Freddie Mac’s Primary Mortgage Market Survey is out, and shows that mortgage rates dropped modestly last week, ending months of upward trending. …the 30-year fixed-rate mortgage (FRM) averaged 6.69 percent with an average 0.5 point for the week ending June 21, 2007, down from last week when it averaged 6.74 percent. Last year at this time, the 30-year FRM averaged 6.71 percent.

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