Rates hold steady as we have seen these lows for a second straight week. last year, the 30 year fixed rate mortgage averaged 4.53% while this year it has been averaging 3.60%, nearly 1.0% less than it was a year ago.
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 August 16, 2019
|Daily Value||Monthly Value|
|6-month Treasury Security||1.86%||2.08%|
|1-year Treasury Security||1.72%||1.96%|
|3-year Treasury Security||1.44%||1.80%|
|5-year Treasury Security||1.42%||1.83%|
|10-year Treasury Security||1.52%||2.06%|
|12-month LIBOR||2.189% (July)|
|12-month MTA||2.447% (July)|
|11th District Cost of Funds||1.141% (June)|
|Prime Rate||5.25% (July)|