The results of Freddie Mac’s Primary Mortgage Market Survey(R) (PMMS®) released May 9 show average fixed mortgage rates reversing their recent trend and moving higher for the first time in six weeks.
Mortgage Rates Reverse Declining Trend
Category Archives: Interest Rates
Mortgage Rates Again At Or Near Record Lows
The May 2 release of Freddie Mac’s Primary Mortgage Market Survey® (PMMS®) results shows average fixed mortgage rates moving lower for the fifth consecutive week. The 30-year fixed-rate mortgage at 3.35 percent is just above its all-time record low of 3.31 percent set the week of November 21, 2012. The 15-year fixed-rate mortgage set a new all-time record low at 2.56 percent.
Mortgage Rates At Or Near Record Low
The April 25 release of Freddie Mac’s Primary Mortgage Market Survey® (PMMS®) results shows average fixed mortgage rates moving lower for the fourth consecutive week. The 15-year fixed-rate mortgage hit a new all-time record low at 2.61 percent.
Mortgage Rates Lower Again
The April 18 release of Freddie Mac’s Primary Mortgage Market Survey® (PMMS®) results shows average fixed mortgage rates moving lower for the third consecutive week, amid data showing weaker consumer spending.Mortgage Rates Dip Further
Freddie Mac’s Primary Mortgage Market Survey® (PMMS®) results released April 11 show average fixed mortgage rates edging down for the second consecutive week following weak employment reports. The average 30-year fixed-rate mortgage remains near its 65-year record low.Mortgage Rates Dip Slightly
On April 4, Freddie Mac released the results of its Primary Mortgage Market Survey® (PMMS®), showing average fixed mortgage rates dipping slightly for the week amid recent data which indicates the manufacturing industry is slowing.Mortage Rates Rise A Bit
According to Freddie Mac’s Primary Mortgage Market Survey® (PMMS®) results released Mar. 28, average fixed mortgage rates moved slightly higher for the week but still remained near historic lows.Mortgage Rates Fall Back
On Mar. 21, Freddie Mac’s release of its Primary Mortgage Market Survey® (PMMS®) results shows average fixed mortgage rates reversing course from the previous week and heading lower. As of this week, the 30-year fixed rate has remained below 4 percent for a year.
Mortgage Rates Rising
The results of Freddie Mac’s Primary Mortgage Market Survey(R) (PMMS®), released Mar. 14, show average fixed mortgage rates rising on stronger signs of jobs growth and consumer spending. The 30-year fixed averaged 3.63 percent, its highest reading since the week of August 23, 2012.
Mortgage Rates Hold Steady
Freddie Mac’s Mar. 7 results for its Primary Mortgage Market Survey® (PMMS®) show average fixed mortgage rates largely holding steady from the previous week, remaining near their 65-year record lows.