Freddie Mac (OTC: FMCC) today released the results of its Primary Mortgage Market Survey (PMMS), showing average fixed mortgage rates moving higher amid a strong jobs report and bringing mortgage rates back to where they were at the start of 2015. The 30-year fixed-rate mortgage has averaged below 4 percent since the week ending November 13, 2014.

“Mortgage rates were little changed amid a week of light economic reports. Of the few releases, real GDP was revised up slightly to 2.6 percent growth in the fourth quarter of 2013,” said Freddie Mac vice president and chief economist frank nothaft, commenting on the variables affecting mortgage rates in.

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Mortgage buyer Freddie Mac said Thursday the average rate on the 30-year, fixed-rate mortgage eased to 4.07% from 4.10% last week. By contrast, a year ago the benchmark rate stood at 4.61%.

Mortgage rates dropped back below 4 percent this week after rising above that level for the first time since October in last week’s survey. Rates on 30-year, fixed-rate mortgages averaged 3.99.

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Mortgage interest increased this week on the back of a positive jobs report that seemed to make it. week and 3.56 percent a year ago, according to Freddie Mac’s latest Primary Mortgage Market.

Mortgage rates followed long-term bond yields lower amid weaker than expected jobs gains and an increase in the unemployment rate. According to the latest Freddie Mac Primary Mortgage Market Survey, the 30-year fixed-rate mortgage (FRM) averaged 4.51 percent with an average 0.7 point for the week ending July 14, down 4.60 percent a week ago.

 · As for mortgage rates in general, Freddie Mac sees 30-year fixed-rate mortgages averaging 4.3% in 2019. That is below the 2015 average of 4.5%.

MCLEAN, VA–(Marketwired – Mar 12, 2015) – Freddie Mac (OTCQB: FMCC) today released the results of its Primary Mortgage Market Survey (PMMS ), showing average fixed mortgage rates moving higher amid a strong jobs report and bringing mortgage rates back to where they were at the start of 2015.The 30-year fixed-rate mortgage has averaged below 4 percent since the week ending November 13, 2014.

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 · Geopolitical tensions combined with mixed economic data are keeping mortgage rates down at some of the lowest levels of the year right now. Notably, mortgage rates hit new 2017 lows in the Freddie Mac Primary Mortgage Market Survey today. We do get the monthly jobs report for August tomorrow morning, which could cause a rate adjustment.

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