Nov 15, 2016
Freddie Mac: Mortgage rates climb
McLEAN, VA – The results of Freddie Mac's latest Primary Mortgage Market Survey show average fixed mortgage rates moving higher.Thirty-year fixed-rate mortgages (FRM) averaged 3.57 percent with an average 0.5 point for the week ending Nov. 10,...
McLEAN, VA – The results of Freddie Mac’s latest Primary Mortgage Market Survey show average fixed mortgage rates moving higher.
Thirty-year fixed-rate mortgages (FRM) averaged 3.57 percent with an average 0.5 point for the week ending Nov. 10, 2016, up from the previous week when it averaged 3.54 percent. A year ago at this time, the 30-year FRM averaged 3.98 percent.
The 15-year FRM averaged 2.88 percent with an average 0.5 point, up from 2.84 percent the week before. A year ago, it averaged 3.2 percent.
Meanwhile, the five-year, Treasury-indexed, hybrid, adjustable-rate mortgage (ARM) averaged 2.88 percent with an average 0.4 point, up from the previous week’s 2.87 percent. A year ago, it averaged 3.03 percent.
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