Mortgage Rates 05/14/15
Freddie Mac today released the results of its Primary Mortgage Market Survey, showing average fixed mortgage rates following 10-year Treasury yields higher and rising for the third consecutive week. At 3.85 percent, the average 30-year fixed-rate mortgage is just below the high for 2015.
| Regional Breakdown | 30-Yr FRM | 15-Yr FRM | 5/1-Yr ARM | 1-Yr ARM |
|---|---|---|---|---|
| Average Rates | 3.85 % | 3.07 % | 2.89 % | 2.48 % |
| Fees & Points | 0.6 | 0.5 | 0.5 | 0.4 |
| Margin | N/A | N/A | 2.74 | 2.74 |