---
title: U.S. Mortgage Interest Rates Continue Two-month Slide
description: After increasing during the late summer and early fall, average U.S. mortgage loan interest rates finished 2018 with a two-month decline in rates to levels last seen in early summer. Homebuyers may have an opportunity to take advantage of better financing options at the beginning of 2019.
---

[Massachusetts Home Buyer Guide, First-time Homebuyer Tips, Advice MA ](https://info.buyersbrokersonly.com/blog)

# [U.S. Mortgage Interest Rates Continue Two-month Slide](https://info.buyersbrokersonly.com/blog/u.s.-mortgage-interest-rates-continue-two-month-slide)

 Written by [Rich Rosa](https://info.buyersbrokersonly.com/blog/author/rich-rosa) | Dec 31, 2018 12:59:40 PM

Average U.S. mortgage interest rates declined again for the week ending December 27, 2018, reaching levels not seen in about six months, according to Freddie Mac's weekly Primary Mortgage Market Survey.

The average 30-year, fixed-rate [mortgage loan](https://www.buyersbrokersonly.com/buying/massachusetts-mortgage-resource-center) averaged 4.55 percent, with an average 0.5 point, compared to 4.62 percent the previous week. The 30-year note averaged 3.99 percent during the same week last year.

“Rates continued their two-month slide and are currently hovering around the same level as the early summer, which was before the deterioration in [home sales](https://info.buyersbrokersonly.com/blog/massachusetts-home-sales-decline-in-november-2018)," Sam Khater, Freddie Mac’s chief economist, said. "The negative headlines around the financial markets are concerning, but the economy remains healthy, so the drop in [mortgage rates](https://info.buyersbrokersonly.com/blog/topic/mortgage-rates-news) should stem or even reverse the slide in home sales that occurred during the second half of 2018.”

The 15-year, [fixed-rate mortgage](https://www.buyersbrokersonly.com/buying/first-time-home-buyer-programs) averaged 4.01 percent, with an average 0.4 point, down 6 basis points from the previous week's 4.07 percent average. The 15-year loan average 3.44 percent last year.

The 5-year, adjustable-rate mortgage (ARM) average 4 percent, with an average 0.3 point, an increase from 3.98 percent the previous week. The 5-year ARM averaged 3.47 during the same week in 2017.

[View full post](https://info.buyersbrokersonly.com/blog/u.s.-mortgage-interest-rates-continue-two-month-slide)

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