The WPJ
Residential Real Estate News
30-Year Fixed Mortgage Rates Continue to Hold at Four Percent in U.S.
Freddie Mac's latest Primary Mortgage Market Survey for the first week of May 2017 is reporting the 30-year mortgage rate is still hovering around 4 percent for the fourth consecutive week.
Sean Becketti, chief economist of Freddie Mac says, "The 10-year Treasury yield jumped 8 basis points this week while the 30-year mortgage rate rose 3 basis points to 4.05 percent. Mixed economic reports over the last few weeks have anchored the 30-year mortgage rate around the 4 percent mark."
Freddie Mac News Facts
- 30-year fixed-rate mortgage (FRM) averaged 4.05 percent with an average 0.5 point for the week ending May 11, 2017, up from last week when it averaged 4.02 percent. A year ago at this time, the 30-year FRM averaged 3.57 percent.
- 15-year FRM this week averaged 3.29 percent with an average 0.5 point, up from last week when it averaged 3.27 percent. A year ago at this time, the 15-year FRM averaged 2.81 percent.
- 5-year Treasury-indexe
Real Estate Listings Showcase
This website uses cookies to improve user experience. By using our website you consent in accordance with our Cookie Policy. Read More