The Markets. Fixed rates on home loans fell in the past week, but the numbers were released before the strong jobs data came out on Friday. Freddie Mac announced that for the week ending February 5, 30-year fixed rates decreased to 3.59% from 3.66% the week before. The average for 15-year loans fell to 2.92%. Adjustables were mixed, with the average for one-year adjustables up slightly to 2.39% and five-year falling to 2.82%. A year ago, 30-year fixed rates were at 4.32%, which continues to be more that 0.50% higher than today’s levels. Attributed to Frank Nothaft, vice president and chief economist, Freddie Mac — “Rates on home loans fell this week following the release of weaker than expected pending home sales, which fell 3.7 percent in December. Moreover, real GDP growth for the fourth quarter was 2.6 percent and the Institute for Supply Management reported slower growth in manufacturing last month, both missing market consensus forecasts.” 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 February 6, 2015
Updated February 6, 2015
| Daily Value | Monthly Value | |
| February 5 | January | |
| 6-month Treasury Security | 0.06% | 0.08% |
| 1-year Treasury Security | 0.20% | 0.20% |
| 3-year Treasury Security | 0.87% | 0.90% |
| 5-year Treasury Security | 1.30% | 1.37% |
| 10-year Treasury Security | 1.83% | 1.88% |
| 12-month LIBOR | 0.622% (Jan) | |
| 12-month MTA | 0.128% (Jan) | |
| 11th District Cost of Funds | 0.692% (Dec) | |
| Prime Rate | 3.25% |
Adam Ashkenas Manhattan Real Estate 
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