Freddie Mac’s October 30 release of the results of its Primary Mortgage Market Survey® (PMMS®) shows average fixed mortgage rates moving higher across the board this week and rebounding from the lowest rates of the year.

On Oct. 23, Freddie Mac released the results of its Primary Mortgage Market Survey® (PMMS®), showing average fixed mortgage rates hitting fresh lows for the year for the second consecutive week amid declining bond yields. At 3.92 percent the average 30-year fixed rate is at its lowest level since the week of June 6, 2013.

Freddie Mac’s October 16 release of the results of its Primary Mortgage Market Survey® (PMMS®) shows average fixed mortgage rates hitting new lows for the year. The average 30-year fixed rate is at its lowest level since the week of June 20, 2013, which was the last time the 30-year fixed averaged below 4 percent in the PMMS until this week.