The two mortgage interest rate surveys upon which we
report each week showed big changes for long term rates during the week
ended December 6 and 7, but the difference in the outcomes was striking.
Two of the products tracked by Freddie Mac dropped to new two year lows
while the Mortgage Bankers Association (MBA) reported substantial upward
movement.
The most recent result of Freddie Mac’s Primary Mortgage Market Survey
for showed the 30-year fixed-rate mortgage (FRM)
averaging…