Fixed Mortgage Rate Hits Six-Week High
October 5, 2017
The average 30-year fixed mortgage rate hit its highest mark in six weeks, according to the latest Freddie Mac Primary Mortgage Market Survey (PMMS).
The 30-year fixed-rate mortgage (FRM) averaged 3.85 percent for the week ending Oct. 5, up from last week when it averaged 3.83 percent. The 15-year FRM this week averaged 3.15 percent, up from last week when it averaged 3.13 percent.
However, the five-year Treasury-indexed hybrid adjustable-rate mortgage (ARM) averaged 3.18 percent this week, down from last week when it averaged 3.20 percent.
FMJ Job Listings
- Personal Banker 1 - Wells Fargo - West Valley City, UT
- Private Mortgage Banker (SAFE) - Wells Fargo - Houston, TX
- Personal Banker 1 - Wells Fargo - Stayton, OR
- Client Service Consultant 2 - Wells Fargo - Charlotte, NC
- Personal Banker 1 - Wells Fargo - Campbell, CA
- Personal Banker 1 - Wells Fargo - Bakersfield, CA