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Appraisal values are more likely to fall lower than the contracted sale price of a home in census tracts with a higher concentration of Black and Latino households.
Mortgage rates are retreating once again, with the 30-year fixed-rate falling to 2.77% for the week ending Aug. 5, 2021.
Freddie Mac's Primary Mortgage Survey reported that the 30-year fixed-rate mortgage averaged 2.80% for the week ending July 29, 2021.
Freddie Mac named Jerry Mauricio as its senior vice president and chief compliance officer.
Freddie Mac's Primary Mortgage Market Survey reported that the 30-year fixed-rate mortgage averaged 2.98% for the week ending July 1, 2021.
Following ten weeks of sub-3% averages, Freddie Mac's Primary Mortgage Market Survey reported that the 30-year fixed-rate mortgage averaged 3.02%.
