Freddie Mac

17 September 2015

Freddie Mac today released the results of its Primary Mortgage Market Survey®, showing average fixed mortgage rates largely unchanged ahead of the Federal Open Market Committee’s vote on an interest-rate increase for the first time in more than nine years.

News Facts

• 30-year fixed-rate mortgage (FRM) averaged 3.91 percent with an average 0.6 point for the week ending September 17, 2015, up from last week when it averaged 3.90 percent. A year ago at this time, the 30-year FRM averaged 4.23 percent.
• 15-year FRM this week averaged 3.11 percent with an average 0.6 point, up from last week when it averaged 3.10 percent. A year ago at this time, the 15-year FRM averaged 3.37 percent.
• 5-year Treasury-indexed hybrid adjustable-rate mortgage (ARM) averaged 2.92 percent this week with an average 0.5 point, up from last week when it averaged 2.91 percent. A year ago, the 5-year ARM averaged 3.06 percent.
• 1-year Treasury-indexed ARM averaged 2.56 percent this week with an average 0.2 point, down from last week when it averaged 2.63 percent. At this time last year, the 1-year ARM averaged 2.43 percent.