Freddie Mac (OTCQB: FMCC) today released the results of its Primary Mortgage Market Survey® (PMMS®), showing average fixed mortgage rates moving lower from the previous week’s new highs for 2015 while housing data was generally positive.
Primary Mortgage Market Survey (U.S. Weekly Averages)
|Regional Breakdown||30-Yr FRM||15-Yr FRM||5/1-Yr ARM||1-Yr ARM|
|Average Rates||4.00 %||3.23 %||3.00 %||2.53 %|
|Fees & Points||0.7||0.5||0.4||0.2|