Mortgage Rates Climb Slowly

Screen shot 2014-01-02 at 10.09.43 AM

The January 2 release of Freddie Mac’s Primary Mortgage Market Survey® (PMMS®) results shows average fixed mortgage rates continuing to edge higher as we enter the new year. The 30-year fixed-rate mortgage (FRM) averaged 4.53 percent for the week ending January 2, 2014; a year ago at this time, the 30-year FRM averaged 3.34 percent.

Leave a Reply

Your email address will not be published.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