The average rate on the 30-year fixed mortgage fell this week below 4 percent for only the second time in history, Freddie Mac said Thursday. Five weeks ago, the average rate dropped to a record low of 3.94 percent. Here's a look at rates for fixed and adjustable mortgages over the past 52 weeks. |
Current week's average Last week's average 52-week high 52-week low |
30-year fixed 3.99 4.00 5.05 3.94 |
15-year fixed 3.30 3.31 4.29 3.26 |
5-year adjustable 2.98 2.96 3.92 2.96 |
1-year adjustable 2.95 2.88 3.40 2.81 |
All values are in percentage points. |
Source: Freddie Mac Primary Mortgage Market Survey. |
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