Bloomberg News

Freddie Mac U.S. 30-Year Mortgage Rises to 3.92%

March 15, 2012

Following are U.S. mortgage interest rates as reported by Freddie Mac.

===============================================================================
               March 15  March 8  March 1  Feb. 23  Feb. 16   Feb. 9   Feb. 2
                   2012     2012     2012     2012     2012     2012     2012
===============================================================================
                 ---------------------30-Year Fixed Rate----------------------
U.S.              3.92%    3.88%    3.90%    3.95%    3.87%    3.87%    3.87%
 Northeast        3.91%    3.89%    3.91%    3.95%    3.88%    3.86%    3.86%
 Southeast        3.96%    3.90%    3.95%    3.97%    3.89%    3.89%    3.90%
 North Central    3.91%    3.90%    3.92%    3.95%    3.90%    3.88%    3.86%
 Southwest        3.97%    3.92%    3.92%    3.97%    3.91%    3.90%    3.91%
 West             3.90%    3.84%    3.86%    3.91%    3.83%    3.84%    3.83%
                 ---------------------15-Year Fixed Rate----------------------
U.S.              3.16%    3.13%    3.17%    3.19%    3.16%    3.16%    3.14%
 Northeast        3.17%    3.14%    3.18%    3.20%    3.17%    3.16%    3.14%
 Southeast        3.18%    3.15%    3.21%    3.19%    3.16%    3.17%    3.16%
 North Central    3.15%    3.13%    3.15%    3.19%    3.15%    3.14%    3.11%
===============================================================================
               March 15  March 8  March 1  Feb. 23  Feb. 16   Feb. 9   Feb. 2
                   2012     2012     2012     2012     2012     2012     2012
===============================================================================
 Southwest        3.26%    3.20%    3.22%    3.24%    3.22%    3.22%    3.20%
 West             3.10%    3.09%    3.13%    3.14%    3.13%    3.15%    3.12%
                 ------------------5/1-Year Adjustable Rate-------------------
U.S.              2.83%    2.81%    2.83%    2.80%    2.82%    2.83%    2.80%
 Northeast        2.82%    2.83%    2.90%    2.79%    2.81%    2.87%    2.88%
 Southeast        2.85%    2.76%    2.83%    2.80%    2.90%    2.84%    2.82%
 North Central    2.97%    2.97%    2.94%    2.94%    2.90%    2.96%    2.85%
 Southwest        2.72%    2.70%    2.69%    2.71%    2.68%    2.73%    2.77%
 West             2.78%    2.76%    2.75%    2.74%    2.80%    2.74%    2.71%
                 -------------------1-Year Adjustable Rate--------------------
U.S.              2.79%    2.73%    2.72%    2.73%    2.84%    2.78%    2.76%
 Northeast        2.90%    2.80%    2.78%    2.80%    2.90%    2.96%    2.90%
 Southeast        2.72%    2.61%    2.67%    2.61%    2.63%    2.63%    2.63%
 North Central    2.98%    2.92%    2.88%    2.90%    3.15%    2.90%    2.88%
 Southwest        2.66%    2.66%    2.63%    2.64%    2.66%    2.64%    2.64%
 West             2.64%    2.64%    2.62%    2.64%    2.75%    2.68%    2.68%
===============================================================================
NOTE: Freddie Mac surveys lenders each week to obtain the average contract
interest rate, average number of points, and the average ARM margin that would 
be quoted to consumers on conventional, conforming first mortgage products.  
Four single-family loan products are covered: 30-year fixed-rate, 15-year
fixed-rate, 5/1 Treasury-indexed adjustable-rate mortgages, and 1-year
Treasury-indexed adjustable-rate mortgages.
Currently, 125 lenders are surveyed each week and the mix of lender types --
thrifts, commercial banks and mortgage lending companies -- is roughly
proportional to the level of mortgage business that each type commands
nationwide.  National averages and averages for each of five regions are
reported.     

SOURCE: Freddie Mac.

To contact the reporter on this story: Ainhoa Goyeneche in Washington at agoyenechecu@bloomberg.net

To contact the editor responsible for this story: Marco Babic at mbabic@bloomberg.net


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