The average rate on the 30-year fixed mortgage fell to a record low of 3.88 percent, Freddie Mac said Thursday. That's just below the previous record of 3.89 percent reached one week ago. Here's a look at rates for fixed- and adjustable-rate mortgages over the past 52 weeks. |
Current week's average Last week's average 52-week high 52-week low |
30-year fixed 3.88 3.89 5.05 3.88 |
15-year fixed 3.17 3.16 4.29 3.16 |
5-year adjustable 2.82 2.82 3.92 2.82 |
1-year adjustable 2.74 2.76 3.40 2.74 |
All values are in percentage points. |
Source: Freddie Mac Primary Mortgage Market Survey. |
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