Mortgage rates hold steady at year to date lows
The 30-year fixed-rate mortgage dropped slightly to 3.9% for the week ending June 22, 2017. This is down from last week’s 3.91% but up from last year’s 3.56%.
The 15-year FRM also decreased, dropping from last week’s 3.18% to 3.17% this week. This is up from last year’s 2.83%.
The five-year Treasury-indexed hybrid adjustable-rate mortgage dropped slightly to 3.14%. This is down from last week’s 3.15% but up from last year’s 2.74%.
Source: Housing Wire
By John Skinner
