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Average 30-Year Mortgage Unchanged from All-time Record Low

February 16, 2012

The average fixed mortgage rates remain unchanged amid mixed consumer sentiment data.

According to Freddie Mac’s Primary Mortgage Survey, the average 30-year fixed-rate mortgage has remained at its all-time record-breaking low since the first week of February, below 4 percent for the past 11 weeks, and below 5 percent for the past 52 weeks dating back to Feb. 17, 2011.

The survey showed the 30-year fixed-rate mortgage (FRM) remained at 3.87 percent with an average 0.8 point for the week ending Feb. 16. Last year at this time, the 30-year FRM averaged 5 percent.

Meanwhile, the 15-year FRM this week averaged 3.16 percent with an average 0.8 point, matching last week when it also averaged 3.16 percent. A year ago at this time, the 15-year FRM averaged 4.27 percent.

The 5-year Treasury-indexed hybrid adjustable-rate mortgage (ARM) averaged 2.82 percent this week, with an average 0.8 point, down from last week when it averaged 2.83 percent. A year ago, the 5-year ARM averaged 3.87 percent.

The 1-year Treasury-indexed ARM averaged 2.84 percent this week with an average 0.6 point, up from last week when it averaged 2.78 percent. At this time last year, the 1-year ARM averaged 3.39 percent.



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American Land Title Association
1800 M Street, NW, Suite 300S
Washington, D.C. 20036-5828
P. 202.296.3671 F. 202.223.5843
www.alta.org
service@alta.org
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