Home Loan Rate Trends
Mortgage Rates Decrease
For the fourth consecutive week, the 30-year fixed-rate mortgage has been below 3.30 percent, giving potential buyers a good reason to continue shopping even amid the pandemic. As states reopen, we’re seeing … Learn more
Primary Mortgage Market Survey® by Freddie Mac
May 21, 2020 |
30-Year FRM |
15-Year FRM |
5-Year ARM |
Average Rate % |
3.24 | 2.70 | 3.17 |
Fees and Points % |
0.7 | 0.7 | 0.4 |
Copyright © 2020 Freddie Mac. Average interest rates shown above are for conforming mortgages with a 20% down payment. Fees and points are paid by the borrower. Borrowers may still pay closing costs which are not included in the survey. Definitions
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