Fixed-Rate Mortgage Rates Flat This Week

Freddie Mac (NYSE:FRE) today released the results of its Primary Mortgage Market Survey (PMMS) in which the 30-year fixed-rate mortgage (FRM) averaged 6.37 percent, with an average 0.6 point, for the week ending November 17, 2005, up very slightly from last week's average of 6.36 percent. Last year at this time, the 30-year FRM averaged 5.74 percent.Full Story: http://realtytimes.com/rtcpages/20051118_rates.htm

Pro-consumer Mortgage Rate-Quote Pricing Alert Reform Bottled up at Federal Agencies

A new notification to home mortgage applicants, alerting them to higher rate quotes triggered by their credit bureau data, is still bottled up at two federal agencies, 23 months after Congress mandated development of "risk-based pricing" notification program. Consumer groups upset by the delay. FTC has no target deadline for implementation. Ken Harney reports.Full Story: http://realtytimes.com/rtcpages/20051121_ratequote.htm