Mortgage Rates Tick Higher

Freddie Mac

3 March 2016

Freddie Mac today released the results of its Primary Mortgage Market Survey®, showing mortgage rates ticking higher for the first time in two months.

News Facts

  • 30-year fixed-rate mortgage (FRM) averaged 3.64 percent with an average 0.5 point for the week ending March 3, 2016, up from last week when it averaged 3.62 percent. A year ago at this time, the 30-year FRM averaged 3.75 percent.
  • 15-year FRM this week averaged 2.94 percent with an average 0.5 point, up from last week when it averaged 2.93 percent. A year ago at this time, the 15-year FRM averaged 3.03 percent.
  • 5-year Treasury-indexed hybrid adjustable-rate mortgage (ARM) averaged 2.84 percent this week with an average 0.5 point, up from last week when it averaged 2.79 percent. A year ago, the 5-year ARM averaged 2.96 percent.