Mortgage rates continue to decrease

istock.com/ridvan_celik MCLEAN, Va. —  Freddie Mac’s May 26 Primary Mortgage Market Survey (PMMS), shows that the 30-year fixed-rate mortgages (FRM) averaged 5.10%. “Mortgage rates decreased for the second week in a row due to multiple headwinds that the economy is facing,” said Sam Khater, Freddie Mac’s chief economist. “Despite the recent moderation in rates, the…