Rates Tick Up Ever So Slightly

July 9, 2019
Rates stabilized again after the most recent drop.


For the week ending July 3, Freddie Mac announced that 30-year fixed rates rose slightly to 3.75% from 3.73% the week before. The average for 15-year loans increased to 3.18% and the average for five-year ARMs moved up to 3.45%. A year ago, 30-year fixed rates averaged 4.52%, over 0.75% higher than today. "We’re seeing a tug of war happen as the fixed income market flashes warning signs while the equities market continues to march higher with optimism. The data suggests the economy is weakening but is still on very solid ground with high consumer confidence and a strong labor market. Closer to home, the housing market continues to slowly improve and gain momentum as we head into the second half of the year, which is good news and should keep the economy growing," said Sam Khater, Chief Economist, Freddie Mac.

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.


Current Indices for Adjustable Rate Mortgages 
Updated July 5, 2019


Daily Value

Monthly Value


July 3


6-month Treasury Security



1-year Treasury Security



3-year Treasury Security



5-year Treasury Security



10-year Treasury Security



12-month LIBOR


2.202% (June)

12-month MTA


2.483% (June)

11th District Cost of Funds


1.144% (May)

Prime Rate


5.50% (Dec)