CURRENT RATE SURVEY

Weekly Mortgage Interest Rate Report August 27, 2015

Week ending on 08/27/15 Interest Rate Points & Fees Margin  30 Year Fixed Rate 3.84% 0.6 N/A  15 Year Fixed Rate 3.06% 0.6 N/A  5/1-Year Adjustable Rate 2.90% 0.4 2.74  1 Year Adjustable Rate 2.62% 0.3 2.74  Week ending on 08/20/15 Interest Rate Points & Fees Margin  30 Year Fixed Rate 3.93% 0.6 N/A  15 Year Fixed Rate 3.15% 0.6 N/A  5/1-Year Adjustable Rate 2.94% 0.5 2.74  1 Year Adjustable Rate 2.62% 0.3 2.74 “Events in China generated eye-catching volatility in equity markets worldwide over the past week. Amidst all this confusion, the 30-year mortgage rate dropped to its lowest mark since May and the fifth consecutive week with a rate below 4 percent. There are indications that the unsettled state of global markets will make the Fed think twice before taking any action on short-term interest rates in September. If that's the case, the 30-year mortgage rate may remain subdued in the short-to-medium term, providing support for continued strength in the housing sector.” – Sean Becketti, chief economist, Freddie Mac

Data is provided by Freddie Mac's Primary Mortgage Market Survey® (PMMS)

This is not intended as an advertisement of interest rates as defined by Regulation Z, Section 1026.2. Data 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.