US mortgage rates fall; 15-year loan at record low

The average U.S. rate on the 15-year mortgage marked a record low this week and the 30-year rate fell closer to its historic low.

Here’s a look at rates for fixed and adjustable mortgages this week and over the past year:

Current avg. Last week 52-week high 52-week low
30-year fixed 3.40 3.41 3.90 3.31
15-year fixed 2.61 2.64 3.07 2.61
5-year adjustable 2.58 2.60 2.85 2.58
1-year adjustable 2.62 2.63 2.79 2.52
All values in percentage points
Source: Freddie Mac Primary Mortgage Market Survey

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s