By Brena Swanson | HousingWire
Fixed-mortgage rates drastically decreased following a more than disappointing September jobs report, the most recent Freddie Mac Primary Mortgage Market Survey said.
Once gain, rates are below 4% for the 11th consecutive week, including the 15-year fixed, which fell below 3% once again for the first time since April of this year.
The 30-year fixed-rate mortgage averaged 3.76% for the week ending Oct. 8, 2015, down from last week when it averaged 3.85%. Last year, the 30-year FRM averaged 4.19%.
