“Freddie Mac (OTCQB: FMCC) today released the results of its Primary Mortgage Market Survey® (PMMS®), showing the 30-year fixed-rate mortgage (FRM) averaged 7.28 percent” says Freddie Mac in a press release that then quotes Chief Economist Sam Khater saying “With mortgage rates on their current trajectory, the housing market continues to be supported by favorable economic conditions,” apparently with a straight face as he’d be fired if he said it’s not good for homebuyers.
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