Hey, buyers! Fixed mortgage rates remain near 2015 lows, according to several weekly surveys. Here are the latest rates from Freddie Mac's Primary Mortgage Market Survey for the week ending April 16.
- The 30-year fixed-rate mortgage (FRM) averaged 3.67 percent with an average 0.7 point compared with 4.27 percent a year ago.
- The 15-year FRM this week averaged 2.94 percent with an average 0.5 point compared with 3.33 percent a year ago.
- The 5-year Treasury-indexed hybrid adjustable-rate mortgage (ARM) averaged 2.88 percent this week with an average 0.5 point compared with 3.03 percent a year ago.
- The 1-year Treasury-indexed ARM averaged 2.46 percent this week with an average 0.4 point compared with 2.44 percent last year.
