Probably one of the most influential aspects regarding home buying, mortgage rates can provide affordability, or, even a barrier for borrowers. We closely watch these figures looking for any indication of long term trends that can affect the housing market.
Freddie Mac releases a plethora of data regarding historical rates and weekly averages of all types of mortgage rates, ranging from the traditional 30 year mortgage to 5/1 arm (adjustable rate mortgages).
We have provided a couple interactive charts to help you put mortgage rates in perspective.
For a more historical perspective, the chart below provides historical data from the beginning of Freddie Mac reporting in early 1971.