FMCC fixed mortgage rates climbing higher
Mortgage Rates on Six Week Streak Higher Font size: A | A | A 10:00 AM ET 6/13/13 | Marketwire RELATED QUOTES 11:10 AM ET 6/14/13 Symbol Last % Chg FMCC 1.44 -15.29% Quotes delayed at least 15 minutes Freddie Mac (OTCQB: FMCC) today released the results of its Primary Mortgage Market Survey(R) (PMMS(R)), showing fixed mortgage rates climbing higher amid a solid employment report for May. Since beginning their climb last month, the 30-year fixed-rate mortgage has increased over half a percentage point. Regardless, mortgage rates are coming off their all-time record lows, which is helping to keep homebuyer affordability high. News Facts -- 30-year fixed-rate mortgage (FRM) averaged 3.98 percent with an average 0.7 point for the week ending June 13, 2013, up from last week when it averaged 3.91 percent. Last year at this time, the 30-year FRM averaged 3.71 percent. -- 15-year FRM this week ...
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