Monthly Archives: October 2012
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Inventory
Mortgage Rates Up Slightly
New Listings and Pending Sales
Inventory
Mortgage Rates Linger In Record-Low Territory
Freddie Mac’s weekly Primary Mortgage Market Survey® (PMMS®) results for Oct. 18 show fixed mortgage rates edging slightly lower with the 30-year fixed averaging 3.37 percent, just above its all-time record low of 3.36 percent, and the average 15-year fixed dipping to a new all-time record low at 2.66 percent.
New Listings and Pending Sales
Inventory
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.