|As 2014 approached, several industry experts predicted that rates for 30-year fixed-rate mortgages would climb into the five percent range by this time of the year. Their forecasts seemed logical since the Federal Reserve announced it would begin tapering its mortgage-backed securities buying program, eventually ending the program later in the year. However, according to the Freddie Mac Primary Mortgage Market Survey? average 30-year fixed rates ? which started the year at 4.53 percent ? have fallen to 4.14 percent as of May 22nd.