Mortgage interest rates went down!
Average weekly rate data as provided by the Freddie Mac Primary Mortgage Market Survey® 11/04/21 (most recent) Trending Average Rate Points & Fees Margin 30-Year Fixed Rate ▼ down 3.09% 0.7 N/A 15-Year Fixed Rate ▼ down 2.35% 0.6 N/A 5/1-Year ARM ▼ down 2.54% 0.3 2.75 10/28/21 (previous week) Average Rate Points & Fees Margin 30-Year Fixed Rate 3.14% FIXED RATE 0.7 Points N/A 15-Year Fixed Rate 2.37% 0.7 N/A 5/1-Year ARM 2.56% 0.3 2.75 The data presented above are the exact published results of Freddie Mac’s Primary Mortgage Market Survey® (PMMS®)
Average weekly rate data as provided by the Freddie Mac Primary Mortgage Market Survey® 11/04/21 (most recent) **Trending Average Rate Points & Fees Margin **
30-Year Fixed Rate▼ DOWN!
3.09% 0.7 N/A
15-Year Fixed Rate DOWN! 2.35% 0.6 N/A
5/1-Year ARM▼ down 2.54% 0.325 10/28/21
(previous week) Average ** Rate Point & Fees Margin **
30-Year Fixed Rate 3.14% 0.7 N/A 15-Year Fixed Rate 2.37% 0.7 N/A 5/1-Year ARM 2.56% 0.3275
The data presented above are the exact published results of Freddie Mac’s Primary Mortgage Market Survey® (PMMS®) and are provided for informational purposes only. The data are not rate quotes and are not intended as an advertisement of interest rates as defined by Regulation Z, Section 1026.2. Mortgage Rates Fall “While mortgage rates fell after several weeks on the rise, we expect future upticks due to stronger economic data and as the Federal Reserve pulls back on its stimulus. That said, the housing market remains favorable for consumers, as rates remain below pre-pandemic levels and continue to support sustainable purchase and refinance opportunities.”