--- title: Mortgage Interest Rates Unchanged, Remain Near Historic Lows description: Average U.S. mortgage interest rates were unchanged for the week ending August 15, 2019, and remained near historic lows, according to Freddie Mac. image: https://info.buyersbrokersonly.com/hs-fs/hub/213639/file-1379191592.jpg --- (978) 835-5906             [![Search Icon](https://info.buyersbrokersonly.com/hs-fs/hubfs/Search%20Icon.png?width=30&height=30&name=Search%20Icon.png)](https://info.buyersbrokersonly.com/search-results-page) [![Buyers Brokers Only, LLC – Real Estate Buyer Agents](https://info.buyersbrokersonly.com/hs-fs/hubfs/2023%20BBO%20Logo%20800x170.png?width=1600&height=340&name=2023%20BBO%20Logo%20800x170.png "Buyers Brokers Only, LLC – Real Estate Buyer Agents")](https://www.buyersbrokersonly.com/) # Massachusetts Home Buyer Guide ![smaller-dotted-line.png](https://cdn2.hubspot.net/hub/298849/file-263826832-jpg/true_gray_line_websites.jpg?width=1175&name=true_gray_line_websites.jpg "smaller-dotted-line.png") ## [Mortgage Interest Rates Unchanged, Remain Near Historic Lows](https://info.buyersbrokersonly.com/blog/mortgage-interest-rates-unchanged-remain-near-historic-lows) Aug 20, 2019 6:08:13 PM Average U.S. mortgage interest rates were unchanged for the week ending August 15, 2019, and remained near historic lows, according to Freddie Mac's weekly Primary Mortgage Market Survey. [![First-time homebuyers taking advantage of attractive interest rates](https://info.buyersbrokersonly.com/hs-fs/hub/213639/file-1379191592.jpg?width=350&name=file-1379191592.jpg)](https://info.buyersbrokersonly.com/blog/do-mortgage-credit-inquiries-hurt-home-buyers-credit-scores)The [30-year, fixed-rate mortgage loan](https://info.buyersbrokersonly.com/loan) averaged 3.60 percent, with an average 0.5 point, unchanged from the previous week. A year ago, the 30-year note averaged 4.53 percent. The 30-year mortgage loan interest rate has remained below 4 percent for 12 consecutive weeks. "The sound and fury of the financial markets continue to warn of an impending recession; however, the silver lining is mortgage demand reached a three-year high this week," Sam Khater, Freddie Mac's chief economist, said. "The decline in [mortgage](https://www.buyersbrokersonly.com/buying/massachusetts-mortgage-resource-center) rates over the last month is causing a spike in refinancing activity – as homeowners currently have $2 trillion in conventional mortgage loans that are in the money – which will help support consumer balance sheets and increase household cash flow. On top of that, purchase demand is up 7 percent from a year ago." The 15-year, fixed-rate mortgage loan averaged 3.07 percent, with an average 0.5 point, compared to 3.05 percent the prior week. During the same week in 2018, the 15-year note average 4.01 percent. The five-year, adjustable-rate mortgage (ARM) averaged 3.35 percent, with an average 0.3 point, down from 3.35 percent the week before and 3.87 percent last year. Attractive interest rates have spurred [prospective homebuyers](https://info.buyersbrokersonly.com/homebuyer-checklist-massachusetts) to apply for mortgages, according to the Mortgage Bankers Association's Weekly Mortgage Applications Survey for the week ending August 9, 2019. The seasonally adjusted "Purchase Index" increased 2 percent from one week prior. The unadjusted Purchase Index increased 1 percent compared with the previous week, and it was 12 percent higher than the same week one year ago. It is vital for homebuyers, especially first-time homebuyers, to understand the total cost of borrowing. There are many home loan programs to choose from, and not every loan option is a good fit for every borrower. An experienced loan officer can assist future buyers in comparing various mortgage options, including programs that provide [down payment assistance](https://info.buyersbrokersonly.com/blog/massachusetts-first-time-homebuyers-have-down-payment-assistance-option). [![Massachusetts Quick Guide to the Home-buying Process](https://no-cache.hubspot.com/cta/default/213639/b54d4df8-76aa-4085-b550-071b7e4cbd51.png)](https://cta-redirect.hubspot.com/cta/redirect/213639/b54d4df8-76aa-4085-b550-071b7e4cbd51) Topics: [Mortgages 101](https://info.buyersbrokersonly.com/blog/topic/mortgages-101), [Mortgage Rates & News](https://info.buyersbrokersonly.com/blog/topic/mortgage-rates-news) [![Share on Facebook](https://static.hubspot.com/final/img/common/icons/social/facebook-24x24.png)](http://www.facebook.com/share.php?u=https%3A%2F%2Finfo.buyersbrokersonly.com%2Fblog%2Fmortgage-interest-rates-unchanged-remain-near-historic-lows%3Futm_medium%3Dsocial%26utm_source%3Dfacebook) [![Share on LinkedIn](https://static.hubspot.com/final/img/common/icons/social/linkedin-24x24.png)](http://www.linkedin.com/shareArticle?mini=true&url=https%3A%2F%2Finfo.buyersbrokersonly.com%2Fblog%2Fmortgage-interest-rates-unchanged-remain-near-historic-lows%3Futm_medium%3Dsocial%26utm_source%3Dlinkedin) [![Share on Twitter](https://static.hubspot.com/final/img/common/icons/social/twitter-24x24.png)](https://twitter.com/intent/tweet?original_referer=https%3A%2F%2Finfo.buyersbrokersonly.com%2Fblog%2Fmortgage-interest-rates-unchanged-remain-near-historic-lows%3Futm_medium%3Dsocial%26utm_source%3Dtwitter&url=https%3A%2F%2Finfo.buyersbrokersonly.com%2Fblog%2Fmortgage-interest-rates-unchanged-remain-near-historic-lows%3Futm_medium%3Dsocial%26utm_source%3Dtwitter&source=tweetbutton&text=Mortgage%20Interest%20Rates%20Unchanged%2C%20Remain%20Near%20Historic%20Lows) [![Share on Email](https://static.hubspot.com/final/img/common/icons/social/email-24x24.png)](mailto:?subject=Check%20out%20https%3A%2F%2Finfo.buyersbrokersonly.com%2Fblog%2Fmortgage-interest-rates-unchanged-remain-near-historic-lows%3Futm_medium%3Dsocial%26utm_source%3Demail%20&body=Check%20out%20https%3A%2F%2Finfo.buyersbrokersonly.com%2Fblog%2Fmortgage-interest-rates-unchanged-remain-near-historic-lows%3Futm_medium%3Dsocial%26utm_source%3Demail) ### [Blog Home](https://info.buyersbrokersonly.com/blog) ### Subscribe to this Blog ### Learn the Steps to Buying a Home in Massachusetts ### [![The Steps to Buying a Home](https://no-cache.hubspot.com/cta/default/213639/25735662-3637-4a46-8885-47ad1de2687d.png)](https://cta-redirect.hubspot.com/cta/redirect/213639/25735662-3637-4a46-8885-47ad1de2687d) ### Search Homes For Sale [![Search the latest home listings. Sign up for property alerts. ](https://no-cache.hubspot.com/cta/default/213639/4dbb4a3b-98e1-4dc2-9535-a0b7593b45c5.png)](https://cta-redirect.hubspot.com/cta/redirect/213639/4dbb4a3b-98e1-4dc2-9535-a0b7593b45c5) ### Are You Ready to Learn Some Home-buying Tips?  [![Schedule ](https://no-cache.hubspot.com/cta/default/213639/b9db055d-da2a-4719-ba31-1d5f31299e60.png)](https://cta-redirect.hubspot.com/cta/redirect/213639/b9db055d-da2a-4719-ba31-1d5f31299e60) ### Learn About Buyer Agents ### Favorite Topics • [Community Information](https://info.buyersbrokersonly.com/blog/topic/community-information) • [Home-buying Tips](https://info.buyersbrokersonly.com/blog/topic/home-buying-tips) • [Massachusetts Relocation](https://info.buyersbrokersonly.com/blog/topic/massachusetts-relocation) • [Mortgage Tips & News](https://info.buyersbrokersonly.com/blog/topic/mortgage-rates-news) • [Real Estate Market](https://info.buyersbrokersonly.com/blog/topic/real-estate-market) • [Video](https://info.buyersbrokersonly.com/blog/topic/video) ### Most Popular Posts ### **Home Buyer Resources** [Massachusetts Home Buyer Guide](https://info.buyersbrokersonly.com/guide-to-the-home-buying-process-massachusetts) [New Hampshire Home Buyer Guide](https://info.buyersbrokersonly.com/guide-to-the-home-buying-process-in-new-hampshire) [Rhode Island Home Buyer Guide](https://www.buyersbrokersonly.com/buying/how-to-buy-a-home-in-rhode-island) [Wants v. Needs Worksheet](https://info.buyersbrokersonly.com/wants-needs-worksheet) [Home Buyer House Scoring Tool](https://info.buyersbrokersonly.com/homebuyer-house-scoring-tool) [103 Home Buyer Terms Download](https://info.buyersbrokersonly.com/home-buying-terms-for-the-home-buyer) [Greater Boston Home Buyer Blog](https://info.buyersbrokersonly.com/blog) ### **Company** [Home ](https://www.buyersbrokersonly.com/) [About](https://www.buyersbrokersonly.com/about) [Terms of Service](https://www.buyersbrokersonly.com/services) [Privacy Policy](https://www.buyersbrokersonly.com/privacy-policy) [Disclaimer](https://www.buyersbrokersonly.com/disclaimer) [Press Room](https://info.buyersbrokersonly.com/press-room) [Careers](https://www.buyersbrokersonly.com/careers) [Coverage Area](https://www.buyersbrokersonly.com/coverage) [Site Map](https://www.buyersbrokersonly.com/site_map) ### **Contact Us** [Schedule a Consultation](https://info.buyersbrokersonly.com/personal-home-buyer-consultation) Call / Text (978) 835-5906 [info@buyersbrokersonly.com](mailto:info@buyersbrokersonly.com) [Contact Form](https://www.buyersbrokersonly.com/contact) [Our Agents](https://www.buyersbrokersonly.com/brokers) [Reviews](https://www.buyersbrokersonly.com/testimonials) [![Fair Housing Matters to Buyers Brokers Only, LLC](https://info.buyersbrokersonly.com/hs-fs/hubfs/equal-housing-opportunity-logo-1200w.png?width=100&height=107&name=equal-housing-opportunity-logo-1200w.png)](https://naeba.org/naeba-celebrates-fair-housing-month-promotes-homebuyer-protection/)   ### **Popular Searches**  [Acton, MA Homes](https://www.buyersbrokersonly.com/acton-ma-homes-for-sale) [Andover, MA Homes](https://www.buyersbrokersonly.com/andover-ma-homes-for-sale) [Arlington, MA Homes](https://www.buyersbrokersonly.com/arlington-ma-homes-for-sale) [Belmont, MA Homes](https://www.buyersbrokersonly.com/belmont-ma-homes-for-sale) [Burlington, MA Homes](https://www.buyersbrokersonly.com/burlington-ma-homes-for-sale) [Haverhill, MA Homes](https://www.buyersbrokersonly.com/haverhill-ma-homes-for-sale) [Lexington, MA Homes](https://www.buyersbrokersonly.com/lexington-ma-homes-for-sale) [Lynnfield, MA Homes](https://www.buyersbrokersonly.com/lynnfield-ma-homes-for-sale) [Melrose, MA Homes](https://www.buyersbrokersonly.com/melrose-ma-homes-for-sale) [Needham, MA Homes](https://www.buyersbrokersonly.com/needham-ma-homes-for-sale) [North Andover, MA Homes](https://www.buyersbrokersonly.com/north-andover-ma-homes-for-sale) [Salem, NH Homes](https://www.buyersbrokersonly.com/salem-nh-homes-for-sale) [Somerville, MA Homes](https://www.buyersbrokersonly.com/somerville-ma-homes-for-sale) [Walpole, MA Homes](https://www.buyersbrokersonly.com/walpole-ma-homes-for-sale) [Westwood, MA Homes](https://www.buyersbrokersonly.com/westwood-ma-homes-for-sale) ```json { "@context" : "https://schema.org", "@type" : "BlogPosting", "author" : { "@type" : "Person", "name" : "Rich Rosa", "url" : "https://info.buyersbrokersonly.com/blog/author/rich-rosa" }, "dateModified" : "2019-08-20T22:08:13.043Z", "datePublished" : "2019-08-20T22:08:13.000Z", "headline" : "Mortgage Interest Rates Unchanged, Remain Near Historic Lows", "image" : [ "https://info.buyersbrokersonly.com/hs-fs/hub/213639/file-1379191592.jpg" ], "mainEntityOfPage" : { "@id" : "https://info.buyersbrokersonly.com/blog/mortgage-interest-rates-unchanged-remain-near-historic-lows", "@type" : "WebPage" }, "publisher" : { "@type" : "Organization", "logo" : { "@type" : "ImageObject", "url" : "https://info.buyersbrokersonly.com/hubfs/2023%20BBO%20Logo%20800x170.png" }, "name" : "Buyers Brokers Only, LLC" } } ``` ```json { "@context" : "https://schema.org", "@type" : "BreadcrumbList", "about" : [ { "@type" : "Thing", "name" : "Boston Real Estate" }, { "@type" : "Thing", "name" : "Home Buying Tips" } ], "description" : "Massachusetts Home Buyer Guide provides first-time homebuyers and those experienced in purchasing real estate with tips, advice, and news.", "image" : { "@type" : "ImageObject", "url" : "https://info.buyersbrokersonly.com/image.jpg" }, "inLanguage" : "en-us", "isPartOf" : { "@type" : "WebSite", "name" : "Buyers Brokers Only", "url" : "https://info.buyersbrokersonly.com" }, "itemListElement" : [ { "@type" : "ListItem", "item" : "https://info.buyersbrokersonly.com", "name" : "Home", "position" : 1 }, { "@type" : "ListItem", "item" : "https://info.buyersbrokersonly.com/blog", "name" : "Blog", "position" : 2 } ], "keywords" : [ "Massachusetts Home Buyer Guide", "time Homebuyer Tips", "Advice MA" ], "mainEntityOfPage" : "https://info.buyersbrokersonly.com/blog", "mentions" : [ { "@type" : "Thing", "name" : "Massachusetts Housing" }, { "@type" : "Thing", "name" : "Real Estate Market" } ], "url" : "https://info.buyersbrokersonly.com/blog" } ```