Rate Report

Weekly Mortgage Interest Rate Report August 6, 2015

Week ending on 08/06/15 Interest Rate Points & Fees Margin  30 Year Fixed Rate 3.91% 0.6 N/A  15 Year Fixed Rate 3.13% 0.6 N/A  5/1-Year Adjustable Rate 2.95% 0.4 2.74  1 Year Adjustable Rate 2.54% 0.3 2.74  Week ending on 07/30/15 Interest Rate Points & Fees Margin  30 Year Fixed Rate 3.98% 0.6 N/A  15 Year Fixed Rate 3.17% 0.6 N/A  5/1-Year Adjustable Rate 2.95% 0.4 2.74  1 Year Adjustable Rate 2.52% 0.3 2.74 “All eyes are on the upcoming July employment report, as the Fed has made it clear developments in the labor market will affect the timing of any potential rate hike. But early signals indicate Friday's employment report will not look so good. Uncertainty about the economy helped drive down Treasury yields early in the week, and thus mortgage rates fell 7 basis points to 3.91 percent, the lowest level since June 4th.” – 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 226.24. 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.