Mortgage Rates: Falling in the Fall

Loan Survivor submits:

I recently came across an interesting chart I thought I’d share, that shows mortgage rates often trend lower at the end of the year. The data above was culled from FHLMC’s data that is published weekly. Please note, that this data also tracks the average points charged (0.7 points in the graph).

Here’s a chart of Mortgage Backed Securities over the last 6 months: In this graph, green is good and since this chart tracks prices, not rates, higher figures mean lower rates.

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