Rates Fall to Lowest Level in Nine Months

January 15, 2019
Representation of housing numbers over time
Rates fell again in the past week, though they started rising a bit towards the end of the survey week.


For the week ending January 10, Freddie Mac announced that 30-year fixed rates fell to 4.45% from 4.51% the week before. The average for 15-year loans decreased to 3.89% and the average for five-year adjustables fell to 3.83%. A year ago, 30-year fixed rates averaged 3.99%, less than one-half of one percent lower than today. "Rates on home loans fell to the lowest level in nine months, and in response, applications for residential loans jumped more than 20 percent. Lower rates combined with continued income growth and lower energy prices are all positive indicators for consumers that should lead to a firming of home sales," said Sam Khater, Chief Economist, Freddie Mac. -- Note: Rates indicated do not include fees and points and are provided for evidence of trends only. They should not be used for comparison purposes.

 Current Indices for Adjustable Rate Mortgages 
Updated January 11, 2019 


Daily Value

Monthly Value


Jan 10


6-month Treasury Security



1-year Treasury Security



3-year Treasury Security



5-year Treasury Security



10-year Treasury Security



12-month LIBOR


3.002% (Dec)

12-month MTA


2.332% (Dec)

11th District Cost of Funds


1.060% (Nov)

Prime Rate


5.50% (Dec)