Home Loan Rate Trends
Mortgage Rates Hit All-Time Record Low Heading into Holiday Weekend
Mortgage rates continue to slowly drift downward with a distinct possibility that the average 30-year fixed-rate mortgage could dip below 3 percent later this year. On the economic front, incoming data suggest … Learn more
Primary Mortgage Market Survey® by Freddie Mac
Jul 2, 2020 |
30-Year FRM |
15-Year FRM |
5-Year ARM |
Average Rate % |
3.07 | 2.56 | 3.00 |
Fees and Points % |
0.8 | 0.8 | 0.3 |
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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