ARMs Hit New Record Lows in U.S. as 30-Year Fixed-Rate Mortgage Average 3.98%

Frank Nothaft Based on Freddie Mac’s latest Primary Mortgage Market Survey (PMMS), fixed mortgage rates changing little and remaining near their historic lows while adjustable-rate mortgages averaged new record lows. The 30-year fixed has averaged at or below 4 percent for the f
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