Freddie Mac

4 June 2015

Freddie Mac today released the results of its Primary Mortgage Market Survey®, showing average fixed mortgage rates remaining near their highest level of the year before bond yields began moving even higher Wednesday afternoon.

News Facts

• 30-year fixed-rate mortgage (FRM) averaged 3.87 percent with an average 0.6 point for the week ending June 4, 2015, unchanged from last week. A year ago at this time, the 30-year FRM averaged 4.14 percent.

• 15-year FRM this week averaged 3.08 percent with an average 0.5 point, down from last week when it averaged 3.11 percent. A year ago at this time, the 15-year FRM averaged 3.23 percent.

• 5-year Treasury-indexed hybrid adjustable-rate mortgage (ARM) averaged 2.96 percent this week with an average 0.5 point, up from last week when it averaged 2.90 percent. A year ago, the 5-year ARM averaged 2.93 percent.

• 1-year Treasury-indexed ARM averaged 2.59 percent this week with an average 0.2 point, up from last week when it averaged 2.50 percent. At this time last year, the 1-year ARM averaged 2.40 percent.