MARKET SURVEY 1/7/16

Weekly Mortgage Interest Rate Report January 7, 2016

Week ending on 01/07/16 Average Rate Points & Fees Margin  30-Year Fixed Rate 3.97% 0.6 N/A  15-Year Fixed Rate 3.26% 0.5 N/A  5/1-Year Adjustable Rate 3.09% 0.5 2.75  1-Year Adjustable Rate 2.68% 0.2 2.74  Week ending on 12/31/15 Average Rate Points & Fees Margin  30-Year Fixed Rate 4.01% 0.6 N/A  15-Year Fixed Rate 3.24% 0.6 N/A  5/1-Year Adjustable Rate 3.08% 0.4 2.74  1-Year Adjustable Rate 2.68% 0.2 2.74 “Concerns about overseas economic developments have dominated financial markets to start the year. U.S. Treasury bond yields fell amidst a global equity selloff and flight to safety. In response, the 30-year mortgage rate dipped 4 basis points.” – Sean Becketti, chief economist, Freddie Mac

Data and information 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.