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Mortgage Rates Mostly Flat

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© Marketwire 2013

Mortgage Rates Mostly Flat From Last Week
Mortgage Rates Mostly Flat From Last Week
2013-01-17 16:15:11 -

MCLEAN, VA -- (Marketwire) -- 01/17/13 -- Freddie Mac : .. (OTCBB: FMCC) today released the results of its Primary Mortgage Market Survey® : .. (PMMS®), showing mortgage rates largely unchanged from the previous week helping to keep homebuyer affordability high, refinancing strong and should continue to aid the ongoing housing recovery.

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Average commitment rates should be reported along with average fees and points to reflect the total upfront cost of obtaining the mortgage. Visit the following links for Regional and National Mortgage Rate Details : .. and Definitions : .. . Borrowers may still pay closing costs which are not included in the survey.

Attributed to Frank Nothaft, vice president and chief economist, Freddie Mac.

"Mortgage rates were flat to down a little this week amid reports that inflation remains contained. The overall producer price index : .. rose 0.1 percent between November and December, below the market consensus forecast, and the consumer price index : .. was unchanged. For the year as a whole, consumer prices rose just 1.7 percent in 2012, almost half that of 2011's increase of 3.0 percent."

Get the latest information from Freddie Mac's Office of the Chief Economist on Twitter: @FreddieMac : ..

Freddie Mac was established by Congress in 1970 to provide liquidity, stability and affordability to the nation's residential mortgage markets. Freddie Mac supports communities across the nation by providing mortgage capital to lenders. Today Freddie Mac is making home possible for one in four homebuyers and is one of the largest sources of financing for multifamily housing. : .. .

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