Wood Markets News


Mortgage Rates Inch Lower in the Week Ending October 6, 2022

Freddie Mac has released its Primary Mortgage Market Survey (PMMS) for the week ending October 6, 2022. The PMMS reports that the 30-year fixed-rate mortgage (FRM) averaged 6.66% with an average 0.8 point, down from last week when it averaged 6.70%. A year ago at this time, the 30-year FRM averaged 2.99%.