The One- and Five-Year ARMs Rise As Well

Freddie Mac today released the results of its Primary Mortgage Market Survey (PMMS) in which the 30-year fixed-rate mortgage (FRM) averaged 5.89 percent, with an average 0.5 point, for the week ending August 11, 2005, up from last week when it averaged 5.82 percent. Last year at this time, the 30-year FRM averaged 5.85 percent.Full Story: http://realtytimes.com/rtcpages/20050812_rates.htm