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30-Year Mortgage Rate Hits 2017 Low

30-Year Mortgage Rate Hits 2017 Low

The 30-year fixed mortgage rate dropped to its lowest mark since November 10, 2016, according to the Primary Mortgage Market Survey® (PMMS®), released today by Freddie Mac.
30-year fixed-rate mortgage (FRM) averaged 3.86 percent with an average 0.5 point for the week ending August 24, 2017, down from last week when it averaged 3.89 percent. A year ago at this time, the 30-year FRM averaged 3.43 percent.
15-year FRM this week averaged 3.16 percent with an average 0.5 point, the same as last week. A year ago at this time, the 15-year FRM averaged 2.74 percent.

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Heather Stewart

Coldwell Banker Plaza Real Estate
12221 E Central Ave.
Wichita, KS 67206
Phone: (316) 204-3645
©2019 Coldwell Banker Real Estate LLC. All Rights Reserved. Coldwell Banker® and the Coldwell Banker Logo are registered service marks owned by Coldwell Banker Real Estate LLC. Coldwell Banker Real Estate LLC fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. Each office is independently owned and operated.

 

 

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