“The 30-year fixed-rate mortgage surpassed 7 percent for the first time this year, jumping from 6.88 percent to 7.10 percent this week,” said
News Facts
- The 30-year FRM averaged 7.10 percent as of
April 18, 2024 , up from last week when it averaged 6.88 percent. A year ago at this time, the 30-year FRM averaged 6.39 percent. - The 15-year FRM averaged 6.39 percent, up from last week when it averaged 6.16 percent. A year ago at this time, the 15-year FRM averaged 5.76 percent.
The PMMS® is focused on conventional, conforming, fully amortizing home purchase loans for borrowers who put 20 percent down and have excellent credit. For more information, view our Frequently Asked Questions.
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A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/c5dd7d33-b175-4e35-91e0-90807a0f06e0
Primary Mortgage Market Survey®
U.S. weekly average mortgage rates as of 04/18/2024
2024 GlobeNewswire, Inc., source