Mortgage Rates Continue to Hold

23 June 2017

Mortgage Rates Continue to Hold

Freddie Mac

23 June 2017

Freddie Mac today released the results of its Primary Mortgage Market Survey®, showing average mortgage rates continuing to hold at year-to-date lows amidst ongoing economic uncertainty.

News Facts

  • 30-year fixed-rate mortgage (FRM) averaged 3.90 percent with an average 0.5 point for the week ending June 22, 2017, down from last week when it averaged 3.91 percent. A year ago at this time, the 30-year FRM averaged 3.56 percent.
  • 15-year FRM this week averaged 3.17 percent with an average 0.5 point, down from last week when it averaged 3.18 percent. A year ago at this time, the 15-year FRM averaged 2.83 percent.
  • 5-year Treasury-indexed hybrid adjustable-rate mortgage (ARM) averaged 3.14 percent this week with an average 0.5 point, down from last week when it averaged 3.15 percent. A year ago at this time, the 5-year ARM averaged 2.74 percent.