Mortgage Rates Down Again

News Facts

· 30-year fixed-rate mortgage (FRM) averaged 4.35% with an average 0.5 point for the week ending February 21, 2019, down from last week when it averaged 4.37%. A year ago at this time, the 30-year FRM averaged 4.40%.

· 15-year FRM this week averaged 3.78% with an average 0.4 point, down from last week when it averaged 3.81%. A year ago at this time, the 15-year FRM averaged 3.85%.

· 5-year Treasury-indexed hybrid adjustable-rate mortgage (ARM) averaged 3.84% with an average 0.3 point, down from last week when it averaged 3.88%. A year ago at this time, the 5-year ARM averaged 3.65%.

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