Friday, June 5, 2015

Mortgage Rates remain near 2015 high- insightful charts included

Average fixed mortgage rates remained near their highest level of the year with the 30-year fixed-rate mortgage (FRM) averaging 3.87% with an average 0.6 point for the week ending June 4, 2015, unchanged from last week.

A year ago at this time, the 30-year FRM averaged 4.14%. The 15-year FRM this week averaged 3.08% with an average 0.5 point, down from last week when it averaged 3.11%. A year ago at this time, the 15-year FRM averaged 3.23%.

  Sources- Housing Wire and First Tuesday

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