There was little change in this week’s Freddie Mac Primary Mortgage Market Survey (PMMS) as it continues to remain fairly flat. If you look at this week’s numbers, you can see that the 30 year fixed mortgage rate moved down from 6.06% to 6.05%, while the 15 year fixed rate mortgage rate moved up from 5.59% to 5.60%. Not a substantial change.
The most movement (which again, is very slight), were in the adjustable rate mortgages (ARMs). 5/1 year ARMs decreased from 5.73% to 5.67%. And 1year ARMs held steady at 5.29%.The Insider moviesOne Week video
