30-year fixed rate mortgage rates remained flat this past week at 6.16% according to the Weekly Primary Mortgage Market Survey released today by Freddie Mac, or the Federal Home Loan Mortgage Corporation. Freddie releases the results of its weekly survey on Thursdays.15-year fixed rate mortgages managed a slight decrease and dropped from 5.90% last week to 5.86% this week. Meanwhile, five-year adjustable rate mortgages also fell from 5.91% to 5.88% in the latest survey.
One-year adjustable rate mortgage rates increased slightly to 5.43%, which is up from the rate of 5.40% the previous week.
Here are the current average mortgage rates nationwide as provided by the Federal Home Loan Mortgage Corporation (Freddie Mac):
| Rates This Week | Last Week's Rate | ||
| 30-year Fixed | 6.16% | 6.16% | |
| 15-year Fixed | 5.86% | 5.90% | |
| 5-year ARM | 5.88% | 5.91% | |
| 1-year ARM | 5.43% | 5.40% |
Bob Roscoe, Mortgage Marketing Associates, Minneapolis, Minnesota
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