Mortgage Rates Little Change

House in Fort Lauderdale, FL (2)
House in Fort Lauderdale, FL

Freddie Mac released it’s Primary Mortgage Survey for the week ending March 29th,2018. It covers U.S. weekly average mortgage rates:

FreddieMac-Primary Mortgage Market Survey as of March 29th,2018.jpeg
FreddieMac-Primary Mortgage Market Survey for the week of March 29th, 2018          (covering period March 29,2017-March 29,2018) U.S. weekly averag mortgage rates as of 03/29/2018

Mortgage rates for curent week showed a little change, according to the Primary mortgage Market Survey released by Freddie Mac.

Since the beginning of January 2018 fixed-rate mortgage was going up steady every week. For the week of January 4th,2018, 30-year fixed-rate mortgage was 3.95%. It was going up every week, up until the week of March 8th, 2018, when the rate was 4.46%.

The same happened with the 15-year fixed-rate mortgage: the week of January 4th, 15-year mortage rate was 3.38%. It was steady going up every week, when in the week of March 8th,2018 reached 3.94%.

Then finally mortgage rates declined for the first time since the begining of year 2018. For the week of March 15th,2018 fixed-rate 30-year  mortgage dropped to 4.44%. And the 15-year fixed-mortgage dropped to 3.90%

So now, for the last two weeks fixed mortgage rates are steady. Last week they went up 0.01%, but this week they went down 0.01%.

For the week of March 29th, 29 30-year fixed-rate mortgage is at 4.44%. And 15-year fixed-rate mortgage is at 3.9%