Fixed-Rate Mortgages at 12-Month Low – NMP Skip to main content

Fixed-Rate Mortgages at 12-Month Low

Feb 14, 2019
Fixed-rate mortgages fell to the lowest levels since early 2018, according to new data from Freddie Mac

Fixed-rate mortgages fell to the lowest levels since early 2018, according to new data from Freddie Mac.
 
The 30-year fixed-rate mortgage (FRM) averaged 4.37 percent, for the week ending Feb. 14, down from last week when it averaged 4.41 percent. The 15-year FRM this week averaged 3.81 percent, down from last week when it averaged 3.84 percent. And the five-year Treasury-indexed hybrid adjustable-rate mortgage averaged 3.88 percent, down from last week when it averaged 3.91 percent.
 
“The combination of cooling inflation and slower global economic growth led mortgage rates to drift down to the lowest levels in a year,” said Sam Khater, Freddie Mac’s Chief Economist. “While housing activity has clearly softened over the last nine months and the lingering effects of higher rates from last year are still being felt, lower mortgage rates and a strong job market should rekindle demand for the spring homebuying season.”
Fixed-rate mortgages fell to the lowest levels since early 2018, according to new data from Freddie Mac

 
About the author
Published
Feb 14, 2019
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