RATE SURVEY

Weekly Mortgage Interest Rate Report August 20, 2015

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  Week ending on 08/13/15 Interest Rate Points & Fees Margin  30 Year Fixed Rate 3.94% 0.6 N/A  15 Year Fixed Rate 3.17% 0.6 N/A  5/1-Year Adjustable Rate 2.93% 0.5 2.74  1 Year Adjustable Rate 2.62% 0.3 2.74 “There was little movement in financial markets this week as the 30-year fixed mortgage rate remained steady. Housing markets have responded positively to low mortgage rates -- the 30-year fixed mortgage rate has been below four percent for five consecutive weeks. One-unit housing starts in July 2015 jumped to 782,000 units, up 12.8 percent from June and up 19 percent from last year. Overall housing markets remain on track for the best year since 2007.” – 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.