Category Archives: Interest Rates

Mortgage Rates Move Higher

Screen Shot 2015-12-17 at 10.10.34 AM

The December 17 release of Freddie Mac’s Primary Mortgage Market Survey® (PMMS®) results shows fixed mortgage rates ticking slightly higher for the second week in a row amid the Federal Reserve’s decision to raise short-term interest rates for the first time since 2006.

Mortgage Rate Declines Slightly

Screen Shot 2015-11-27 at 4.52.45 PM

The November 25 release of the results of Freddie Mac’s Primary Mortgage Market Survey® (PMMS®) shows the average 30-year fixed mortgage rate declining slightly leading up to the Thanksgiving holiday. The average 30-year fixed rate mortgage hasn’t risen above 4 percent since the week of July 23rd of this year, which is helping homebuyer affordability in the face of rising house prices due to low levels of inventory in many markets.