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Mortgage Rates Start Year At New Lows

Freddie Mac’s Jan. 8 release of the results of its Primary Mortgage Market Survey® (PMMS®) shows average fixed mortgage rates starting 2015 at their lowest level since May 2013, amid sliding bond yields. A year ago at this time, the 30-year fixed-rate mortgage (FRM) averaged 4.51 percent, and the 15-year FRM averaged 3.56 percent.
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Mortgage Rates End Year Near 2014 Lows

The Dec. 31 release of the results of Freddie Mac’s Primary Mortgage Market Survey® (PMMS®) shows average fixed mortgage rates moving slightly higher this week but still near their 2014 lows. A year ago at this time, the 30-year fixed-rate mortgage (FRM) averaged 4.53 percent, and the 15-year FRM averaged 3.55 percent.