The WPJ
Residential Real Estate News
Mortgage Rates in U.S. Hold Flat in Late-September
According to Freddie Mac's latest Primary Mortgage Market Survey, showing the average 30-year fixed mortgage rate unchanged from the previous week in late September 2017.
Sean Becketti, chief economist of Freddie Mac says, "Rates held relatively flat this week. The 10-year Treasury yield fell just 1 basis point, while the 30-year mortgage rate remained unchanged at 3.83 percent."
Freddie Mac News Facts
- 30-year fixed-rate mortgage (FRM) averaged 3.83 percent with an average 0.6 point for the week ending September 28, 2017, the same as last week. A year ago at this time, the 30-year FRM averaged 3.42 percent.
- 15-year FRM this week averaged 3.13 percent with an average 0.5 point, the same as last week. A year ago at this time, the 15-year FRM averaged 2.72 percent
- 5-year Treasury-indexed hybrid adjustable-rate mortgage (ARM) averaged 3.20 percent this week with an average 0.5 point, up from last week when it averaged 3.17 percent. A year ago at this time, the 5-year ARM averaged 2.81 percent.
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