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Home / Inside Tract / Mortgage Rates Drop to Lowest Level in Three Months (access required)

Mortgage Rates Drop to Lowest Level in Three Months (access required)

Freddie Mac has released the results of its Primary Mortgage Market Survey® (PMMS®), showing that the 30-year fixed-rate mortgage (FRM) averaged 3.60 percent. “Rates fell to the lowest level in three months and are about a quarter point above all-time lows,” said Sam Khater, Freddie Mac’s Chief Economist. “The very low rate environment has clearly had ...

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