Average fixed mortgage rates moved lower from the previous week’s new highs for 2015 while housing data was generally positive, according to the latest from Freddie Mac.
The 30-year fixed-rate mortgage (FRM) averaged 4.00% with an average 0.7 point for the week ending June 18, 2015, down from last week when it averaged 4.04%. A year ago at this time, the 30-year FRM averaged 4.17%.
The 15-year FRM this week averaged 3.23% with an average 0.5 point, down from last week when it averaged 3.25%.
A year ago at this time, the 15-year FRM averaged 3.30%.
The 5-year Treasury-indexed hybrid adjustable-rate mortgage (ARM) averaged 3.00% this week with an average 0.4 point, down from last week when it averaged 3.01%. A year ago, the 5-year ARM averaged 3.00%.
(Source: Housingwire)
Showing posts with label week ending June 18th. Show all posts
Showing posts with label week ending June 18th. Show all posts
Monday, June 22, 2015
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