Fixed Mortgage Rates Move Higher For Third Consecutive Week

Freddie Mac (OTC: FMCC) recently released the results of its Primary Mortgage Market Survey® (PMMS®), showing fixed mortgage rates following long-term Treasury yields higher. This marks the third straight week of fixed mortgage rates moving higher. The survey reported that the 30-year fixed-rate mortgage (FRM) averaged 3.62 percent with an average 0.6 point for the [...]