Mortgage Update

Mortgage Weekly Update

Mortgage Rates Inch Up Across the Board, Applications Increased but Remain Well Below Last Year’s Levels

By Nicole Bowen / September 22, 2022
Posted in

On Thursday, September 22, 2022, Freddie Mac released the results of its Primary Mortgage Market Survey® (PMMS®), stating that the 30-year fixed-rate mortgage (FRM) averaged 6.29 percent, up from last week when it averaged 6.02 percent. The 15-year fixed-rate mortgage averaged 5.44 percent, up from last…

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