Freddie: Fixed-Rate Mortgages Still the Goal

For almost 95% of mortgage borrowers who refinanced in the first quarter, staying in or moving to a fixed-rate product was the goal, and even hybrid adjustable-rate mortgages lost market share in the rush to FRMs.

Article source: http://www.nationalmortgagenews.com/dailybriefing/freddie-mac-fixed-rate-mortgages-1030414-1.html

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