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    Weekly Mortgage Market Report

    Weekly Mortgage Market Report
    for the week ending on December 10, 2020

    Supporting Image

    Average weekly rate data as provided by the Freddie Mac Primary Mortgage Market Survey®

    12/10/20
    (most recent)

    Trending

    Average
    Rate

    Points
    & Fees

    Margin

     30-Year Fixed Rate

     even

    2.71%

    0.7

    N/A

     15-Year Fixed Rate

     even

    2.26%

    0.6

    N/A

     5/1-Year ARM

    ▼ down

    2.79%

    0.3

    2.75

    12/3/20
    (previous week)

    Average
    Rate

    Points
    & Fees

    Margin

     30-Year Fixed Rate

    2.71%

    0.7

    N/A

     15-Year Fixed Rate

    2.26%

    0.6

    N/A

     5/1-Year ARM

    2.86%

    0.3

    2.75

    The data presented above are the exact published results of Freddie Mac’s Primary Mortgage Market Survey® (PMMS®) and are provided for informational purposes only. The data are not rate quotes and are not intended as an advertisement of interest rates as defined by Regulation Z, Section 1026.2.

    Mortgage Rates Remain Flat

    “Mortgage rates remain at record lows, resisting their typical correlation to Treasury yields, which have recently been moving higher. Mortgage spreads – the difference between mortgage rates and the 10-year Treasury rate – are declining from their elevated levels earlier this year. Although today’s mortgage spread is about 1.8 percent and still has some room to move down if the 10-year Treasury continues to rise, it’s encouraging to see that the spread is almost back to normal levels.”

    – Sam Khater, Chief Economist, Freddie Mac

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