MARKET SURVEY 10/29/15

Weekly Mortgage Interest Rate Report October 29, 2015

Week ending on 10/29/15 Interest Rate Points & Fees Margin  30 Year Fixed Rate 3.76% 0.6 N/A  15 Year Fixed Rate 2.98% 0.6 N/A  5/1-Year Adjustable Rate 2.89% 0.4 2.74  1 Year Adjustable Rate 2.54% 0.2 2.74  Week ending on 10/22/15 Interest Rate Points & Fees Margin  30 Year Fixed Rate 3.79% 0.6 N/A  15 Year Fixed Rate 2.98% 0.5 N/A  5/1-Year Adjustable Rate 2.89% 0.4 2.74  1 Year Adjustable Rate 2.62% 0.2 2.74 “Treasury yields oscillated without a clear direction heading into the October FOMC meeting, as investors were confident there would be no rate increase. The 30-year mortgage rate was little changed this week. Recent housing reports have done little to add or detract from the possibility of a December rate increase. Existing home sales were strong, contrasting with disappointing new home sales.” – 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.