30- and 15-Year Mortgage Rates Decline for Third Consecutive Week
Original Source:
Mortgage Rates Continue to Decrease
Mortgage Rates Continue to Decrease
Freddie Mac has released its Primary Mortgage Market Survey® (PMMS) for the week ending December 1, 2022.
The 30-year fixed-rate mortgage averaged 6.49%, down from last week when it averaged 6.58%. A year ago at this time, the 30-year rate averaged 3.11%.
The 15-year fixed-rate mortgage averaged 5.76%, down from last week when it averaged 5.90%. A year ago at this time, the 15-year rate averaged 2.39%.
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