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.

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.

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.