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In general, mortgage rates remained unchanged this week, according to the latest Freddie Mac Primary Mortgage Market Survey® (PMMS®).

“Mortgage rates have stabilized during the last month and are essentially at the same level as last spring—yet the most recent home sales are roughly half a million lower over the same period,” says Sam Khater, chief economist at Freddie Mac. “Given that the economy remains on solid footing and weekly mortgage purchase application activity has been strong so far in 2019, we expect the decline in home sales to moderate or even reverse over the next couple of months.”

30-Year Fixed

  • Averaging 4.45 percent, with an average 0.4 point
  • Unchanged from the prior week, but up from 4.15 percent the prior year

15-Year Fixed

  • Averaging 3.88 percent, with an average 0.4 point
  • Unchanged from the prior week, but up from 3.62 percent the prior year

5-Year Adjustable

  • Averaging 3.9 percent, with an average 0.3 point
  • Up from 3.87 percent the prior week, and up from 3.52 percent the prior year

Source: Freddie Mac

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