The Markets. Rates were lower again in the past week. Freddie Mac announced that for the week ending January 23, 30-year fixed rates decreased to 4.39% from 4.41% the week before. The average for 15-year loans fell slightly to 3.44%. Adjustable rates were mixed with the average for one-year adjustables falling slightly to 2.54% and five-year adjustables rising to 3.15%. A year ago 30-year fixed rates were at 3.42%. Attributed to Frank Nothaft, vice president and chief economist, Freddie Mac — “Rates were flat to down a little this week amid reports that inflation remains subdued. The Consumer Price Index was up to 0.3 percent in December after being unchanged in November. For the year as a whole, consumer prices rose just 1.5 percent in 2013.” 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 January 24, 2014
| Daily Value | Monthly Value | |
| Jan 23 | December | |
| 6-month Treasury Security | 0.05% | 0.10% |
| 1-year Treasury Security | 0.11% | 0.13% |
| 3-year Treasury Security | 0.77% | 0.69% |
| 5-year Treasury Security | 1.62% | 1.58% |
| 10-year Treasury Security | 2.79% | 2.90% |
| 12-month LIBOR | 0.579% (Dec) | |
| 12-month MTA | 0.132% (Dec) | |
| 11th District Cost of Funds | 0.783% (Nov) | |
| Prime Rate | 3.25% |
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