Fixed Mortgage Rates Decline for Fourth Consecutive Week

Freddie Mac has released its Primary Mortgage Market Survey® for the week ending December 8, 2022.

The 30-year fixed-rate mortgage averaged 6.33%, down from last week when it averaged 6.49%. A year ago at this time, the 30-year rate averaged 3.10%.

The 15-year fixed-rate mortgage averaged 5.67%, down from last week when it averaged 5.76%. A year ago at this time, the 15-year rate averaged 2.38%.


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