Mortgage Rates Go Down

Fence around the property in Hollywood, FL
Fence around the property in Hollywood, FL

Freddie Mac released another weekly Primary Mortgage Market Survey on May 31st,2018. It shows U.S weekly average mortgage rates for the week ending on May 31st,2018.

Mortagge rate dropped during the last week.

Freddie Mac 5_31_2018. US weekly average mortgage rates.
Freddie Mac 5/31/2018. US weekly average mortgage rates.

30-year fixed-rate mortgage dropped by 10 points since May 24th, 2018, when it was 4.66 percent, and current is at 4.56 percent.

15-year fixed-rate mortage dropped by 6 points since the last week’s May 4th, 2018 results of 4.16 percent. Now the 15-year fixed rate mortgage is at 4.06 percent.