By David M. Kinchen Real Estate Writer
Freddie Mac (OTCQB: FMCC) on Thursday, Dec. 11, 2014 released the results of its Primary Mortgage Market Survey® (PMMS®), showing average fixed mortgage rates slightly up from the last week, but with the average 30-year fixed-rate mortgage remaining below four percent.

"Fixed mortgage rates rebounded this week with the 30-year fixed mortgage rate increasing to 3.93 percent after declining for four weeks in a row," said Frank Nothaft, Freddie Mac's vice president and chief economist. "The rate rise comes on the heels of an uplifting jobs report showing nonfarm payrolls adding 321,000 new jobs in November -- 91,000 more jobs than expected. The unemployment rate remained unchanged at 5.8 percent."

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Average commitment rates should be reported along with average fees and points to reflect the total upfront cost of obtaining the mortgage. Visit the following links for the Regional and National Mortgage Rate Details and Definitions. Borrowers may still pay closing costs which are not included in the survey.