Mortgage Rates Fall Back

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On Mar. 21, Freddie Mac’s release of its Primary Mortgage Market Survey® (PMMS®) results shows average fixed mortgage rates reversing course from the previous week and heading lower. As of this week, the 30-year fixed rate has remained below 4 percent for a year.

Mortgage Rates Rising

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The results of Freddie Mac’s Primary Mortgage Market Survey(R) (PMMS®), released Mar. 14, show average fixed mortgage rates rising on stronger signs of jobs growth and consumer spending. The 30-year fixed averaged 3.63 percent, its highest reading since the week of August 23, 2012.

Fixed Mortgage Rates Move Higher

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The results of Freddie Mac’s Primary Mortgage Market Survey® (PMMS®) released January 24 show fixed mortgage rates moving higher from the previous week.  The 30-year fixed averaged 3.42 percent, its highest reading since September 29, 2012.  But fixed-mortgage rates still remain highly affordable near their all-time record lows.