Category Archives: Interest Rates

Freddie Mac’s July 18 release of its Primary Mortgage Market Survey® (PMMS®) results shows average fixed mortgage rates easing along with market concerns over the Federal Reserve’s bond purchase program.

Freddie Mac’s Primary Mortgage Market Survey® (PMMS®) results released on July 11 show average fixed mortgage rates again trending higher. The 30-year fixed-rate mortgage (FRM) averaged 4.51 percent; last year at this time, the 30-year FRM averaged 3.56 percent.

The July 3 release of results from Freddie Mac’s Primary Mortgage Market Survey® (PMMS®) shows average fixed mortgage rates backing down somewhat after jumping last week to their highest levels since mid-2011.

Freddie Mac’s June 27 release of results of its Primary Mortgage Market Survey® (PMMS®) shows average fixed mortgage rates jumping along with bond yields amid recent Fed remarks that it could begin tapering its bond purchases later this year. The average 30-year fixed-rate mortgage rose from 3.93 percent last week to 4.46 percent this week; the highest it has been since the week of July 28, 2011. This represents the largest weekly increase for the 30-year fixed since the week ended April 17, 1987.

The June 20 release of Freddie Mac’s Primary Mortgage Market Survey® (PMMS®) results shows fixed mortgage rates declining slightly after six weeks of steady climb.

Freddie Mac released the June 13 results of its Primary Mortgage Market Survey® (PMMS®), showing fixed mortgage rates continuing to climb. Since last month, the 30-year fixed-rate mortgage has increased over half a percentage point. Yet mortgage rates are coming off all-time record lows, which is helping to keep homebuyer affordability high.

The June 6 release of Freddie Mac’s Primary Mortgage Market Survey® (PMMS®) results shows fixed mortgage rates climbing higher for the fifth consecutive week. The average 15-year fixed-rate mortgage went over 3 percent for the first time since the week of May 24, 2012.

The results of Freddie Mac’s Primary Mortgage Market Survey® (PMMS®) released on May 30 show fixed mortgage rates continuing upward. The average 30-year and 15-year rates reached their highest levels in a year. Nevertheless, mortgage rates remain low historically, helping to keep home-buyer affordability high.

Fixed mortgage rates rose again for the third week in a row, according to the May 23 results of Freddie Mac’s Primary Mortgage Market Survey(R) (PMMS®), putting pressure on refinance momentum.

The May 16 release of Freddie Mac’s Primary Mortgage Market Survey® (PMMS®) results shows fixed-rate mortgages moving higher for the second consecutive week, up from record or near-record lows a couple of weeks ago.