Rates Continue to Rise

Freddie Mac

1 February 2018

Freddie Mac today released the results of its Primary Mortgage Market Survey®, showing average mortgage rates continuing their upward trend in 2018.

News Facts

  • 30-year fixed-rate mortgage (FRM) averaged 4.22 percent with an average 0.5 point for the week ending February 1, 2018, up from last week when it averaged 4.15 percent. A year ago at this time, the 30-year FRM averaged 4.19 percent.
  • 15-year FRM this week averaged 3.68 percent with an average 0.5 point, up from last week when it averaged 3.62 percent. A year ago at this time, the 15-year FRM averaged 3.41 percent.
  • 5-year Treasury-indexed hybrid adjustable-rate mortgage (ARM) averaged 3.53 percent this week with an average 0.4 point, up from last week when it averaged 3.52. A year ago at this time, the 5-year ARM averaged 3.23 percent.