Mortgage rates began the new year hitting new lows. The 30 Year Fixed Rate Mortgage was 2.65% in today’s Freddie Mac survey and the 15 Year Fixed Rate Mortgage was at 2.16%. Notably, mortgage bond yields have increased the past few days and we expect next weeks survey will show rates up a bit.
Freddie Mac’s Weekly Survey was released this morning with its most recent assessment of the mortgage rate landscape. See the details of their survey below.
(dynamic chart with current info)