Fixed Mortgage Rates Move Higher for Second Consecutive Week

Freddie Mac (OTC: FMCC) recently released the results of its Primary Mortgage Market Survey® (PMMS®), showing fixed mortgage rates moving higher following stronger-than-expected employment reports. The 30-year fixed averaged 3.59 percent, and the 15-year fixed averaged 2.84 percent, still near the historic low. Survey results show that the 30-year fixed-rate mortgage (FRM) averaged 3.59 percent [...]

Fixed Mortgage Rates Move Higher for Second Consecutive Week

Freddie Mac (OTC: FMCC) recently released the results of its Primary Mortgage Market Survey® (PMMS®), showing fixed mortgage rates moving higher following stronger-than-expected employment reports. The 30-year fixed averaged 3.59 percent, and the 15-year fixed averaged 2.84 percent, still near the historic low. Survey results show that the 30-year fixed-rate mortgage (FRM) averaged 3.59 percent [...]