Housing Chart Book
May 19, 2022
Average 15- and 30-Year Fixed Rate Mortgages
The Freddie Mac Weekly Primary Mortgage Market Survey (PMMS) reports the average popular 30-year fixed-rate for mortgage products. It comes from a survey of lenders and is based on first-lien prime conventional conforming mortgages with a loan to value ratio of 80 percent. Current rates, near historic lows, will help aid the housing recovery by incentivizing buying.