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Housing Chart Book

October 26, 2021

Average 15- and 30-Year Fixed Rate Mortgages

Thomas Kingsley

The Freddie Mac Weekly Primary Mortgage Market Survey (PMMS) reports the average popular 30-year fixed-rate for mortgage products. It comes from a survey of lenders and is based on first-lien prime conventional conforming mortgages with a loan to value ratio of 80 percent. Current rates, near historic lows, will help aid the housing recovery by incentivizing buying.

Source: http://www.freddiemac.com/pmms/pmms15.htm

Source: http://www.freddiemac.com/pmms/pmms30.htm

Disclaimer

Thomas Kingsley

Director of Financial Services Policy

Thomas Kingsley is the Director of Financial Services Policy at the American Action Forum.

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Thomas Kingsley

Director of Financial Services Policy

Thomas Kingsley is the Director of Financial Services Policy at the American Action Forum.

The American Action Forum is a 21st century center-right policy institute providing actionable research and analysis to solve America’s most pressing policy challenges.