Rates were stable again in the past week, which kept them at 9-month lows. For the week ending January 24, Freddie Mac announced that 30-year fixed rates remained at 4.45%. The average for 15-year loans also stayed the same at 3.88% and the average for five-year adjustables rose to 3.90%. A year ago, 30-year fixed rates averaged 4.15%, less than one-third of one percent lower than today. Attributed to Sam Khater, Chief Economist, Freddie Mac — “Rates on home loans have stabilized during the last month and are essentially at the same level as last spring – yet the most recent home sales are roughly half a million lower over the same period. Given that the economy remains on solid footing and weekly purchase application activity has been strong so far in 2019, we expect the decline in home sales to moderate or even reverse over the next couple of months.” 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.