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News & Press: Industry News

Rates Drop Slightly in Freddie Mac Survey

Tuesday, May 21, 2019  
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Last Week’s Freddie Mac Primary Mortgage Market Survey showed fixed rates for mortgage loans dropping slightly.

Survey Rates

  • 30-year Fixed Rate Mortgage (FRM) averaged 4.07 percent with an average 0.5 point for the week ending May 16, 2019, down from the prior week when it averaged 4.10 percent. A year ago at this time, the 30-year FRM averaged 4.61 percent.

  • 15-year FRM averaged 3.53 percent with an average 0.4 point, down from the prior week when it averaged 3.57 percent. A year ago at this time, the 15-year FRM averaged 4.08 percent.

  • 5-year Treasury-indexed adjustable rate mortgage (ARM) averaged 3.66 percent with an average 0.4 point, up from 3.63 percent in the prior week’s survey. A year ago at this time, the 5-year ARM averaged 3.82 percent.

California Land Title Association


1215 K Street #1816 Sacramento, CA 95814-3905
Email: mail@clta.org  |  Phone: 916-444-2647  |   Fax: 916-444-2851