30-Year Mortgage Rate Hits Another 2017 Low

Freddie Mac

7 September 2017

Freddie Mac today released the results of its Primary Mortgage Market Survey®, showing the 30-year fixed mortgage rate dropping to a year-to-date low for the third consecutive week.

News Facts

  • 30-year fixed-rate mortgage (FRM) averaged 3.78 percent with an average 0.5 point for the week ending September 7, 2017, down from last week when it averaged 3.82 percent. A year ago at this time, the 30-year FRM averaged 3.44 percent.
  • 15-year FRM this week averaged 3.08 percent with an average 0.5 point, down from last week when it averaged 3.12 percent. A year ago at this time, the 15-year FRM averaged 2.76 percent.
  • 5-year Treasury-indexed hybrid adjustable-rate mortgage (ARM) averaged 3.15 percent this week with an average 0.4 point, up from last week when it averaged 3.14 percent. A year ago at this time, the 5-year ARM averaged 2.81 percent.