Fixed mortgage rates dipped to new all-time lows, according to the results of Freddie Mac’s Primary Mortgage Market Survey® (PMMS®), released Nov. 15. Previous lows for the 30-year fixed and 15-year fixed rates were set last month.
Category Archives: Interest Rates
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.
Mortgage Rates Continue Near Record Lows
Mortgage Rates Up Slightly
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.
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.
Mortgage Rates At Record Lows For Second Consecutive Week
Average fixed mortgage rates fell to new all-time record lows for the second consecutive week, according to Freddie Mac’s Primary Mortgage Market Survey® (PMMS®) results released on October 4. Mortgage securities purchases by the Federal Reserve and indicators of a weakening economy were contributing factors.
Mortgage Rates Dip Further
Freddie Mac’s Primary Mortgage Market Survey® (PMMS®) results released Sept. 27 show fixed mortgage rates breaking their previous average record lows. This should help to keep affordability high and refinancing strong to support an already improving housing market. All mortgage products, except the 5-year ARM, averaged new all-time record lows.
Mortgage Rates at Record Lows
Freddie Mac’s Primary Mortgage Market Survey (PMMS®) results released Sept. 20 showed fixed mortgage rates at or near their all-time record lows. The average 30-year fixed rate mortgage matched its all-time record low at 3.49 percent, and the average 15-year fixed fell to a new all-time record low at 2.77 percent.








