Rates rose for the third week in a row but started easing towards the end of the survey period.

For the week ending October 31, Freddie Mac announced that 30-year fixed rates rose to 3.78% from 3.75% the week before. The average for 15-year loans increased one tick to 3.19% and the average for five-year ARMs moved higher as well to 3.43%. A year ago, 30-year fixed rates averaged 4.83%, more than 1.00% higher than today. Attributed to Sam Khater, Chief Economist, Freddie Mac --"This week marks the third consecutive week of rate increases, which hasn’t happened since April of this year. That said, purchase activity continues to show strength, indicating obvious homebuyer demand. However, the lack of housing supply remains a major barrier to not just the housing market, but the overall economic recovery." 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 November 1, 2019