30-year fixed-rate mortgage averaged 5.30 percent - Freddie Mac (FMCC)
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Mortgage Rates Continue to Increase
May 12, 2022 10:00 AM EDTMCLEAN, Va., May 12, 2022 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB: FMCC) today released the results of its Primary Mortgage Market Survey (PMMS), showing that the 30-year fixed-rate mortgage (FRM) averaged 5.30 percent.
Homebuyers continue to show resilience even though rising mortgage rates are causing monthly payments to increase by about one-third as compared to a year ago,... More
