Rate Trends


Mortgage Rate Trends

May 8, 2008 Rates according to a Freddie Mac weekly survey

Average Weekly Rates - Updated on July 10, 2008

Loan Program Rate (%)    +/- 1 Month Ago
30 Year Fixed 6.37 rates up +.05%  6.32
15 Year Fixed 5.91 rates up +.02%  5.93
1 Year ARM 5.17 rates up + .08%  5.09
3/1 ARM 5.77 rates up +.10%  5.67
5/1 ARM 5.82 rates up +.12%  5.70
PRIME RATE 4.00 rates down -.00%  4.00

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Rates shown are for primary residence, full documentation loans, < $417,000  
Rates are subject to change without notice due to market conditions. 
Next Mortgage Rate Update: July 17

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Mortgage interest rates are at their lowest level in over 30 years. If you are a homeowner, investor, or future buyer you'll want to know what current mortgage interest rate you can get based on your unique loan such as your:

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  • Property Type

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NOTE:* Mortgage interest rates in the chart above are national averages. Loan programs may vary depending on your state and other factors. To get a more accurate custommortgage rate quote quickly, please select your state above.

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