Main Content

Mortgage rates hit a 14-month low

Rates for home loans fell to the lowest in a year as inflation cooled and investors braced for a slowing global economy. 

The 30-year fixed-rate mortgage averaged 4.37% in the February 14 week, mortgage guarantor Freddie Mac said Thursday. That was down from 4.41% in the prior week. The 15-year adjustable-rate mortgage averaged 3.81%, down three basis points. The 5-year Treasury-indexed hybrid adjustable-rate mortgage averaged 3.88%, down from 3.91%. 

Those rates don’t include fees associated with obtaining mortgage loans.

Mortgage rates track the 10-year U.S. Treasury note TMUBMUSD10Y, +0.00%   . Bonds have become more attractive over the past few weeks amid global growth concerns and worries about a possible second government shutdown. That’s good news for borrowers: bond yields decline as their prices rise.

The popular 30-year-fixed has increased in only one week so far this year, and has averaged 4.44% compared to 4.54% for all of 2018.

Source – Market Watch, Andrea Riquier,Published: Feb 15, 2019,

Work with us

Our Clients have made us one of the top selling teams in the market we serve, resulting in hundreds of millions in closed real estate transactions. Experience the difference a great real estate team can make.

Contact Us
Close Icon


Phone 609.492.4444
Text 201.280.2300
18 S. Bay Ave. Beach Haven, NJ 08008

Submit A Message