Category Archives: Interest Rates

Mortgage Rates Continue Up

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Freddie Mac’s Primary Mortgage Market Survey® (PMMS®) results released on Nov. 14 show average fixed mortgage rates moving higher for the second consecutive week on stronger than expected data releases including the employment report for October. The 30-year fixed-rate mortgage is at its highest level since mid-September.

Mortgage Rates Continue Down

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Results of Freddie Mac’s Primary Mortgage Market Survey® (PMMS®) released on October 3 show average fixed mortgage rates falling for the third consecutive week amid declining consumer confidence and the onset of the federal government shutdown. The average 30-year fixed rate mortgage is at its lowest level since the week ending June 20, 2013.