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MCLEAN, Va., June 25, 2020 (GLOBE NEWSWIRE) — Freddie Mac (OTCQB: FMCC) today released the results of its Primary Mortgage Market Survey (PMMS), showing that the 30-year fixed-rate mortgage (FRM) averaged 3.13 percent.
“After the Great Recession, it took more than ten years for purchase demand to rebound to pre-recession levels, but in this crisis, it took less than ten weeks,” said Sam Khater, Freddie Mac’s Chief Economist. “The rebound in purchase demand partly reflects deferred sales as well…

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