CURRENT MARKET SURVEY

Weekly Mortgage Interest Rate Report October 8, 2015

Week ending on 10/08/15 Interest Rate Points & Fees Margin  30 Year Fixed Rate 3.76% 0.6 N/A  15 Year Fixed Rate 2.99% 0.6 N/A  5/1-Year Adjustable Rate 2.88% 0.4 2.74  1 Year Adjustable Rate 2.55% 0.2 2.74  Week ending on 10/01/15 Interest Rate Points & Fees Margin  30 Year Fixed Rate 3.85% 0.6 N/A  15 Year Fixed Rate 3.07% 0.7 N/A  5/1-Year Adjustable Rate 2.91% 0.4 2.74  1 Year Adjustable Rate 2.53% 0.2 2.74 “Calling the September jobs report disappointing is an understatement. The sputtering U.S. economy added only 142,000 jobs. To make matters worse, there were downward revisions to the prior two months. Hourly wages were flat, and the labor force participation rate fell to 62.4 percent, the lowest rate since 1977. In response, Treasury yields dipped below 2 percent triggering a 9 basis point tumble in the 30-year mortgage rate.” – 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.