Mortgage Rates Take a Slip – NMP Skip to main content

Mortgage Rates Take a Slip

Mar 02, 2017
www.nrmlaonline.org

The Freddie Mac Primary Mortgage Market Survey (PMMS) has found average mortgage rates in a downward motion for the week ending March 2.
 
The 30-year fixed-rate mortgage (FRM) averaged 4.10 percent, down from last week when it averaged 4.16 percent, while the 15-year FRM this week averaged 3.32 percent, down from last week when it averaged 3.37 percent. The five-year Treasury-indexed hybrid adjustable-rate (ARM) mortgage averaged 3.14 percent, down from last week when it averaged 3.16 percent.
 
"The 10-year Treasury yield remained relatively flat this week, while the 30-year mortgage rate fell six basis points to 4.1 percent," said Sean Becketti, chief economist, Freddie Mac. "Since the beginning of the year, the 10-year Treasury yield has covered a 22 basis point range. The range of movement for the 30-year has been half that, just 11 basis points."
About the author
Published
Mar 02, 2017
Strong Jobs Report Threatens Mortgage Rate Rally

October hiring more than doubled expectations, pushing Treasury yields higher

Nov 06, 2026
Fed Holds Rates, But Pricing Pressures Persist

Rising Treasury yields and fresh inflation data complicate rate locks, borrower qualification, and lender margins as markets anticipate another hike in December

Oct 29, 2026
Zippy Adds Capital For Manufactured-Home Lending Push

The $20 million investment from Saluda Grade will support expansion beyond 27 states and new loan products across wholesale, retail, and community channels

Oct 16, 2026
Inflation Hits 3.7%, Putting Mortgage Rate Relief At Risk

September’s inflation pickup puts recent rate improvements at risk, potentially eroding affordability gains from lower home prices and seller concessions

Oct 14, 2026
PLACE Acquires Ardley, Expanding Push To Turn Existing Borrowers Into New Loans

The latest deal connects borrower retention technology with Maxwell's origination platform and PLACE's real estate network, creating new opportunities for lenders

Oct 09, 2026
Equifax, TransUnion Launch New Tools To Cut Credit Report Costs

Both bureaus introduce ways to purchase credit scores separately from reports, while Equifax reports growing VantageScore adoption and extends $1 pricing through 2028

Oct 09, 2026