May 3, 2018 / 4:44 PM / 2 months ago

BRIEF-Freddie Mac Says Mortgage Rates Have Not Impacted Home Purchase Demand

May 3 (Reuters) - Federal Home Loan Mortgage Corp:

* FREDDIE MAC - WHILE MORTGAGE RATES HAVE INCREASED BY ONE-HALF OF PERCENT POINT THIS YEAR, IT HAS NOT IMPACTED HOME PURCHASE DEMAND

* FREDDIE MAC - HOME PURCHASE DEMAND CONTINUES TO GROW THIS SPRING

* FREDDIE MAC - DATA THROUGH APRIL SHOW THAT FIRST-TIMERS REPRESENT 46 PERCENT OF PURCHASE LOANS, UP FROM 43 PERCENT OVER SAME PERIOD A YEAR AGO

* FREDDIE MAC SAYS "OBSERVED BUYER RESILIENCY IN FACE OF HIGHER RATES REFLECTS HEALTHY ECONOMY AND STRONG CONSUMER CONFIDENCE" Source text for Eikon: Further company coverage:

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