Mortgage Rates Continue Upward Climb

22 February 2018

Mortgage Rates Continue Upward Climb

Freddie Mac

22 February 2018

Freddie Mac today released the results of its Primary Mortgage Market Survey®, showing the 30-year fixed mortgage rate increasing for the seventh-consecutive week.

News Facts

  • 30-year fixed-rate mortgage (FRM) averaged 4.40 percent with an average 0.5 point for the week ending February 22, 2018, up from last week when it averaged 4.38 percent. A year ago at this time, the 30-year FRM averaged 4.16 percent.
  • 15-year FRM this week averaged 3.85 percent with an average 0.5 point, up from last week when it averaged 3.84 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 3.65 percent this week with an average 0.4 point, up from last week when it averaged 3.63. A year ago at this time, the 5-year ARM averaged 3.16 percent.