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30 year fixed mortgage rates.
15 year mortgage rates today freddie mac. While there is room for rates to decrease even more higher home prices and low inventory could potentially stifle the high demand that we ve been seeing. 2 88 fees points. Find weekly and monthly mortgage rate data from the current week back to 1971 when freddie mac s primary mortgage market survey began. Mortgage rates were mixed today depending on the lender.
Mortgage rates tick up september 24 2020. Mortgage rates set several record lows over the last few months and have remained low into september. As a result of low mortgage rates that have stayed under three percent since july the housing market has seen a strong upward trajectory during a very uncertain time. 0 8 15 year fixed rate mortgages us ne se nc sw w.
0 7 5 1 year adjustable rate mortgages us ne se. Rates are quoted as annual percentage rate apr. 15 year fixed mortgage rates these annual average mortgage rates are from freddie mac. On october 2nd 2020 the average rate on the 15 year fixed rate mortgage is 2 533.
What are today s 15 year mortgage rates. Select product to see detail. Use annual percentage rate apr which includes fees and costs to compare rates across lenders rates and apr below may include up to 50 in discount points as an upfront cost to borrowers and assume no cash out. 2 36 fees points.
The 30 year fixed mortgage rate averaged below 4 over the last year making rates historically low compared to almost any year since freddie mac began tracking rates in 1971 when they averaged just below 9. Use our compare home mortgage loans calculator for rates customized to your specific home financing need. As of 2019 the average 15 year fixed mortgage rate is 3 47. View the latest mortgage rates from the fhfa mba or freddie mac surveys with charts.
Mortgage rates decrease october 1 2020. 5 year fixed rate historic tables html excel weekly pmms survey opinions estimates forecasts and other views contained in this document are those of freddie mac s economic housing research group do not necessarily represent the views of freddie mac or its management and should not be construed as indicating freddie mac s business. When 15 year fixed mortgage rates are low owning a home seems more affordable.
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