- The 30-year fixed-rate mortgage (FRM) averaged 4.03% with an average 0.5 point for the week ending April 27, 2017, which was up from the previous week when it averaged 3.97%. One year earlier the 30-year FRM averaged 3.66%.
- The 15-year FRM averaged 3.27% with an average 0.4 point, up from one week earlier when it averaged 3.23%. A year ago at this time the 15-year FRM averaged 2.89%.
- The 5-year Treasury-indexed hybrid adjustable-rate mortgage averaged 3.12% with an average 0.4 point, up from one week earlier when it averaged 3.10%. A year ago at this time the 5-year ARM averaged 2.86%.
“Celebrating 25 Years of Service: Unite, Ignite, and Empower” “We train and support volunteer leaders of credit unions serving first responders to run stronger, more effective institutions.” “Great things happen when credit unions serving first responders come together. Our face-to-face and on-line interaction is the platform where collaboration begins, and GREAT ideas are generated.”
Monday, May 1, 2017
Update from Freddie Mac - Mortgage rates rose last week for the first time in five weeks.
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