Fixed mortgage rates remained virtually unchanged near their record lows from last week, according to the results of Freddie Mac’s Primary Mortgage Market Survey® (PMMS®) released on Nov. 29. The 30-year fixed-rate mortgage has averaged below 4.00 percent all but one week in 2012, while the 15-year fixed-rate mortgage has averaged below 3.00 percent since the last week in May.
Monthly Archives: November 2012
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New Listings and Pending Sales
Inventory
Mortgage Rates Go Still Lower
New Listings and Pending Sales
Inventory
Mortgage Rates At Lowest Yet
New Listings and Pending Sales
Inventory
Mortgage Rates Hovering Low
Freddie Mac’s Nov. 8 release of its Primary Mortgage Market Survey® (PMMS®) results showed fixed mortgage rates continuing to hover near their record lows over the past six weeks. Last year at this time, the 30-year fixed-rate mortgage averaged 3.99 percent, dropping below 4.00 percent for the first time since Freddie Mac started reporting its weekly mortgage rates survey in 1971.