Mortgage Rates Hold Steady After Last Week’s Drop

22 March 2018

Mortgage Rates Hold Steady After Last Week’s Drop

Freddie Mac

22 March 2018

Freddie Mac today released the results of its Primary Mortgage Market Survey®, showing little change to mortgage rates after falling for the first time in 2018 last week.

News Facts

  • 30-year fixed-rate mortgage (FRM) averaged 4.45 percent with an average 0.5 point for the week ending March 22, 2018, up from last week when it averaged 4.44 percent. A year ago at this time, the 30-year FRM averaged 4.23 percent.
  • 15-year FRM this week averaged 3.91 percent with an average 0.5 point, up from last week when it averaged 3.90 percent. A year ago at this time, the 15-year FRM averaged 3.44 percent.
  • 5-year Treasury-indexed hybrid adjustable-rate mortgage (ARM) averaged 3.68 percent this week with an average 0.4 point, up from last week when it averaged 3.67. A year ago at this time, the 5-year ARM averaged 3.24 percent.