Mortgage Rates Lower for Third Consecutive Week

20 January 2017

Mortgage Rates Lower for Third Consecutive Week

Freddie Mac

20 January 2017

Freddie Mac today released the results of its Primary Mortgage Market Survey®, showing average mortgage rates moving lower for the third consecutive week.

News Facts

  • 30-year fixed-rate mortgage (FRM) averaged 4.09 percent with an average 0.5 point for the week ending Jan. 19, 2017, down from last week when it averaged 4.12 percent. A year ago at this time, the 30-year FRM averaged 3.81 percent.
  • 15-year FRM this week averaged 3.34 percent with an average 0.5 point, down from last week when it averaged 3.37 percent. A year ago at this time, the 15-year FRM averaged 3.10 percent.
  • 5-year Treasury-indexed hybrid adjustable-rate mortgage (ARM) averaged 3.21 percent this week with an average 0.4 point, down from last week when it averaged 3.23 percent. A year ago, the 5-year ARM averaged 2.91 percent.