Hello neighbors,

According to recent numbers, fixed rates showed very little change and remained pretty stable according to Freddie Mac's Primary Mortgage Market Survey (PMMS).

The survey revealed that the 30-year fixed-rate mortgage (FRM) averaged 5.06 percent with an average 0.7 point for the week ending April 29, 2010. This number changed very little from last week's number of 5.07 percent. In comparison to last year's number at this time, the 30-year FRM was at 4.78 percent.

As for the 15-year FRM, there was an average of 4.39 percent with an average 0.7 point which was the same as last week's number. Last year's 15-year FRM averaged 4.48 percent this time last year.

Freddie Mac's survey also showed an average of 4.25 percent with a 0.5 point average for the 1-year Treasury-indexed ARM this week. This number was up from last week's average of 4.22 percent and down from last year's average of 4.77 percent at this time.