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Rates Inch Slightly Upward But Hold Under the Four Percent Mark

NationalMortgageProfessional.com
Feb 23, 2012

Freddie Mac has released the results of its Primary Mortgage Market Survey (PMMS), showing the 30-year fixed-rate mortgage (FRM) averaging 3.95 percent with an average 0.8 point for the week ending Feb. 23, 2012, up from last week when it also averaged 3.87 percent. Last year at this time, the 30-year FRM averaged 4.95 percent. The 15-year FRM averaged 3.19 percent for the week, with an average 0.8 point, up from last week when it also averaged 3.16 percent. A year ago at this time, the 15-year FRM averaged 4.22 percent. "New data releases this week suggest the housing market is continuing to gradually improve
Published
Feb 23, 2012
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