30-Year Fixed-Rate Mortgage Averages 3.99 Percent

Freddie Mac today released the results of its Primary Mortgage Market Survey (PMMS), showing average mortgage rates changing little from the previous week amid a mix of economic data reports as the 30-year fixed-rate mortgage averaged 3.99 percent, dropping below 4.00 percent for the second time this year. The 30-year fixed averaged 3.94 percent in the October 6, 2011 survey.

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