Sunday, 26 June 2022 | The Latest Buzz for the Appraisal Industry

Mortgage Rates Remain Steady Heading into the Thanksgiving Holiday

Freddie Mac has released the results of its Primary Mortgage Market Survey (PMMS), showing that the 30-year fixed-rate mortgage (FRM) averaged 3.10%, unchanged from last week.

“Despite the noise around the economy, inflation, and monetary policy, mortgage rate volatility has been low,” explains Sam Khater, Freddie Mac’s chief economist. “For most of 2021, mortgage rates have stayed within half a percentage point, which is a smaller range than in past years.”

The 30-year fixed-rate

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