January 24th, 2013
Fixed mortgage rates moved up slightly to 3.42% (30-Yr FRM) according to the Freddie Mac Weekly Primary Mortgage Market Survey. The 15-Yr FRM moved to 2.71%. However, these rates remain historically low, and continue to provide a positive environment of highly affordable mortgage rates. This trend should keep aiding the ever improving housing market.
The following chart shows the last twelve (12) month trend: