Screen shot 2014-10-16 at 10.49.46 AM

Freddie Mac’s October 16 release of the results of its Primary Mortgage Market Survey® (PMMS®) shows average fixed mortgage rates hitting new lows for the year. The average 30-year fixed rate is at its lowest level since the week of June 20, 2013, which was the last time the 30-year fixed averaged below 4 percent in the PMMS until this week.

Leave a Reply

Your email address will not be published. Required fields are marked *