Weekly mortgage market rate survey results for week of May 7 2015

Freddie Mac market rate survey

Mortgage interest rates move higher this week according to the most recent Freddie Mac market rate survey. Nationally, 30 year fixed rate mortgages are up .12% to 3.80% from 3.68% last week and 4.21% one year ago. In the Southwest region including Texas rates are slightly higher at 3.82% with average fees and points of .5% versus .6% nationally. Chart and graph courtesy of Freddie Mac.

30-Year Fixed Rate MortgagesUSNESENCSWW
Fees & Points0.
15-Year Fixed Rate MortgagesUSNESENCSWW
Fees & Points0.
5/1-Year Adjustable Rate MortgagesUSNESENCSWW
Fees & Points0.
1-Year Adjustable Rate MortgagesUSNESENCSWW
Fees & Points0.
The National Mortgage Rate SnapshotOne Year AgoOne Week Ago
 30-YR15-YR5/1-YR1-YR ARM30-YR15-YR5/1-YR1-YR ARM
Average4.21  3.32  3.05  2.43  3.68  2.94  2.85  2.49  
Fees & Points0.6  0.6  0.5  0.4  0.6  0.6  0.5  0.4  
MarginN/AN/A2.74  2.71  N/AN/A2.73  2.74  
Primary Mortgage Market Survey® (PMMS®), showing average fixed mortgage rates

Primary Mortgage Market Survey® (PMMS®)