Freddie Mac’s January 15 release of the results of its Primary Mortgage Market Survey® (PMMS®) shows average fixed mortgage rates falling again as bond yields continued to drop despite a strong employment report. The 30-year fixed-rate mortgage is at its lowest level since the week ending May 23, 2013, and this week marks the first time the 15-year fixed rate mortgage has fallen below 3 percent since the week ending May 30, 2013.