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30-year mortgage rates hit 2017 high30-year mortgage rates hit 2017 highhttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=160732017-03-10T06:00:00Z2017-03-10T18:00:00Z

​​McLEAN, Va. – Freddie Mac released the results of its Primary Mortgage Market Survey (PMMS), showing average 30-year fixed mortgage rates hitting their highest mark of 2017.​

  • 30-year fixed-rate mortgage (FRM) averaged 4.21 percent with an average 0.5 point for the week ending March 9, up from last week when it averaged 4.1 percent. A year ago at this time, the 30-year FRM averaged 3.68 percent.
  • 15-year FRM this week averaged 3.42 percent with an average 0.5 point, up from last week when it averaged 3.32 percent. A year ago at this time, the 15-year FRM averaged 2.96 percent.
  • Five-year, Treasury-indexed, hybrid, adjustable-rate mortgage (ARM) averaged 3.23 percent this week with an average 0.4 point, up from last week when it averaged 3.14 percent. A year ago, the five-year ARM averaged 2.92 percent.​​
Freddie Mac
U.S.
Economy
http://freddiemac.mwnewsroom.com/press-releases/mortgage-rates-hit-2017-high-otcqb-fmcc-1300419Read more at {Source}

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