Freddie Mac recently released the results of its Primary Mortgage Market Survey (PMMS) in which the 30-year fixed-rate mortgage averaged 6.07 percent. That’s down from 6.17 percent last week. Last year at this time, the 30-year FRM averaged 6.18 percent.

The latest home sales data has sent mixed messages on the direction of housing activity towards the end of 2007. The mostly grave home sales reports came with a few light notes. While new home sales fell in November to the slowest pace since April 1995, existing home sales rose by a small margin to an annual pace of 5 million units.

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