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.