Mortgage Rates Tick Down

Freddie Mac

19 October 2017

Freddie Mac today released the results of its Primary Mortgage Market Survey®, showing the average 30-year fixed mortgage rate ticking down this week.

News Facts

  • 30-year fixed-rate mortgage (FRM) averaged 3.88 percent with an average 0.5 point for the week ending October 19, 2017, down from last week when it averaged 3.91 percent. A year ago at this time, the 30-year FRM averaged 3.52 percent.
  • 15-year FRM this week averaged 3.19 percent with an average 0.5 point, down from last week when it averaged 3.21 percent. A year ago at this time, the 15-year FRM averaged 2.79 percent.
  • 5-year Treasury-indexed hybrid adjustable-rate mortgage (ARM) averaged 3.17 percent this week with an average 0.4 point, up from last week when it averaged 3.16 percent. A year ago at this time, the 5-year ARM averaged 2.85 percent.