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 30-Year Fixed Mortgage Rates Continue to Hold at Four Percent in U.S.

30-Year Fixed Mortgage Rates Continue to Hold at Four Percent in U.S.

Residential News » Seattle Edition | By WPJ Staff | May 12, 2017 8:00 AM ET



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

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