Weekly Data
June 6, 2019
| 30-Yr FRM | 15-Yr FRM | 5/1-Yr ARM | |
|---|---|---|---|
| Average Rates | 3.82 % | 3.28 % | 3.52 % |
| Fees & Points | 0.5 | 0.5 | 0.4 |
| Margin | N/A | N/A | 2.75 |
The 30-year fixed-rate mortgage averaged 3.82% in the May 30 week, down from 3.99%, Freddie Mac said Thursday. It was the lowest level since September 2017 for the popular product, and its sixth-straight weekly decline.
Rates for home loans slid as investors snatched up bonds in the wake of an intensifying global trade war.
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