Freddie Mac
31 March 2016
Freddie Mac today released the results of its Primary Mortgage Market Survey®, showing mortgage rates mixed and largely unchanged from the previous week.
News Facts
- 30-year fixed-rate mortgage (FRM) averaged 3.71 percent with an average 0.5 point for the week ending March 31, 2016, unchanged from last week. A year ago at this time, the 30-year FRM averaged 3.70 percent.
- 15-year FRM this week averaged 2.98 percent with an average 0.4 point, up from last week when it averaged 2.96 percent. A year ago at this time, the 15-year FRM averaged 2.98 percent.
- 5-year Treasury-indexed hybrid adjustable-rate mortgage (ARM) averaged 2.90 percent this week with an average 0.5 point, up from last week when it averaged 2.89 percent. A year ago, the 5-year ARM averaged 2.92 percent.