Mortgage Rates 02/04/16
MCLEAN, VA–(Marketwired – Feb 4, 2016) – Freddie Mac(OTCQB: FMCC) today released the results of its Primary Mortgage Market Survey® (PMMS®), showing mortgage rates moving lower for the fifth consecutive week amid ongoing market volatility. The average 30-year fixed is at its lowest point since the week of April 30, 2015 when it averaged 3.68 percent. Read more…
Primary Mortgage Market Survey (U.S. Weekly Averages)
| 30-Yr FRM | 15-Yr FRM | 5/1-Yr ARM | |
|---|---|---|---|
| Average Rates | 3.72 % | 3.01 % | 2.85 % |
| Fees & Points | 0.6 | 0.5 | 0.4 |
| Margin | N/A | N/A | 2.74 |