Mortgage Rates Edge Up From Record Lows

The results of Freddie Mac’s Primary Mortgage Market Survey® (PMMS®) released on Oct. 11 showed average fixed mortgage rates moving slightly higher from their all-time record lows.  For example, the 30-year fixed-rate mortgage (FRM) averaged 3.39 percent, up from 3.36 percent last week.  A year ago, the 30-year FRM averaged 4.12 percent.

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