Weekly Mortgage Interest Rate Report — Week Ending April 2, 2015

Data Provided by Freddie Mac's Primary Mortgage Market Survey®

Week ending on 04/02/15 Interest Rate Fees & Points Margin  30 Year Fixed Rate 3.70% 0.6 N/A  15 Year Fixed Rate 2.98% 0.6 N/A  5/1-Year Adjustable Rate 2.92% 0.5 2.74  1 Year Adjustable Rate 2.46% 0.4 2.74

This is not intended as an advertisement of interest rates as defined by Regulation Z, Section 226.24. Data is provided by Freddie Mac's Primary Mortgage Market Survey (PMMS) and is provided for informational purposes only. The financial and other information contained herein speaks only as of the date posted herein. Freddie Mac, and/or the sender of this information, is not responsible for business decisions made based on the reported results of the PMMS. In general, the data presented were calculated from information collected Monday through Wednesday of the same week that the PMMS is released and may not reflect mortgage rates, fees or points currently available. Average fees and points are provided to reflect the total upfront cost of obtaining a mortgage. Borrowers may still pay closing costs which are not included in the survey.

Weekly Commentary

by Len Kiefer, deputy chief economist, Freddie Mac

"Mortgage rates were little changed this week entering April about where we started the year. The final estimate of real GDP growth for the fourth quarter of 2014 was unchanged from the prior estimate of a 2.2 percent annualized rate. Meanwhile, the National Association of Realtors reported that pending home sales rose 3.1 percent in February, beating expectations. The pending home sales index was at the highest level since June of 2013 when 30-year fixed mortgage rates averaged 4.07 percent, 0.37 percentage points higher than this week's survey."