Freddie Mac

2 February 2017

Freddie Mac today released the results of its Primary Mortgage Market Survey®, showing average mortgage rates breaking their month long plus holding pattern and moving lower.

News Facts

  • 30-year fixed-rate mortgage (FRM) averaged 4.10 percent with an average 0.5 point for the week ending March 2, 2017, down from last week when it averaged 4.16 percent. A year ago at this time, the 30-year FRM averaged 3.64 percent.
  • 15-year FRM this week averaged 3.32 percent with an average 0.5 point, down from last week when it averaged 3.37 percent. A year ago at this time, the 15-year FRM averaged 2.94 percent.
  • 5-year Treasury-indexed hybrid adjustable-rate mortgage (ARM) averaged 3.14 percent this week with an average 0.4 point, down from last week when it averaged 3.16 percent. A year ago, the 5-year ARM averaged 2.84 percent.