Mortgage Rates Head Higher

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Freddie Mac’s March 12 release of the results of its Primary Mortgage Market Survey® (PMMS®) shows average fixed mortgage rates moving higher amid a strong jobs report and bringing mortgage rates back to where they were at the start of 2015. The 30-year fixed-rate mortgage has averaged below 4 percent since the week ending November 13, 2014. 

Mortgage Rates Head Back Down

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Freddie Mac’s Feb. 5 release of the results of its Primary Mortgage Market Survey® (PMMS®) shows average fixed mortgage rates, after ticking-up slightly last week, reversing course and falling amid weaker than expected housing and economic data. Fixed-rate mortgages rates are once again back near their May 23, 2013 lows.