CURRENT RATE SURVEY

Weekly Mortgage Interest Rate Report September 3, 2015

Week ending on 09/03/15 Interest Rate Points & Fees Margin  30 Year Fixed Rate 3.89% 0.6 N/A  15 Year Fixed Rate 3.09% 0.6 N/A  5/1-Year Adjustable Rate 2.93% 0.4 2.74  1 Year Adjustable Rate 2.62% 0.3 2.74  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 “The 30-year mortgage rate increased 5 basis points, but don't read too much into that. The Fed took great pains at the Jackson Hole conference to keep all their options open and to avoid making too much – or too little – of the situation in China and the volatility in global equity markets. This Friday's employment report is the last piece of significant, solid evidence the FOMC will have to consider before their September decision. There won't be a clear direction for mortgage rates until the Fed makes its September decision, at the earliest.” – 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.