---
title: U.S. Mortgage Interest Rates Flat
description: Average U.S. mortgage interest rates were mostly flat for the week ending October 25, 2018, after declining 5 basis points the previous week, according to Freddie Mac's weekly Primary Mortgage Market Survey.
---

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

# [U.S. Mortgage Interest Rates Flat](https://info.buyersbrokersonly.com/blog/u.s.-mortgage-interest-rates-flat)

 Written by [Rich Rosa](https://info.buyersbrokersonly.com/blog/author/rich-rosa) | Oct 27, 2018 7:17:11 PM

Average U.S. mortgage interest rates were mostly flat for the week ending October 25, 2018, after declining 5 basis points the previous week, according to Freddie Mac's weekly Primary Mortgage Market Survey.

The 30-year, fixed-rate [mortgage loan](https://www.buyersbrokersonly.com/buying/massachusetts-mortgage-resource-center) increased just 1 basis point to 4.86 percent compared to the previous week, with an average 0.5 point. A year ago at this time, the 30-year note averaged 3.94 percent.

“Despite volatility in the stock market, the 30-year fixed-rate mortgage inched forward ...," Sam Khater, Freddie Mac's chief economist said. "We expect rates to continue to rise, which will put downward pressure on [homebuying](https://www.buyersbrokersonly.com/articles) activity. While higher borrowing costs will keep some people out of the market, buyers with more flexibility could take advantage of the decreased competition.”

The average 15-year, fixed-rate mortgage (FRM) averaged 4.29 percent, with an average 0.4 point, up from 4.26 percent the previous week. During the same timeframe last year, the 15-year FRM averaged 3.25 percent.

The average 5-year, adjustable-rate mortgage (ARM) averaged 4.14 percent, with an average 0.3 point, an increase from 4.10 percent. A year ago, the 5-year ARM averaged 3.21 percent.

[Borrowers](https://info.buyersbrokersonly.com/blog/4-things-homebuyers-should-not-do-during-the-loan-approval-process) may still pay [closing costs](https://info.buyersbrokersonly.com/blog/what-does-it-mean-when-a-seller-pays-closing-costs-in-massachusetts), which the Freddie Mac survey does not include.

## Related Mortgage Loan Information

• [Massachusetts First-time Homebuyer Programs](https://www.buyersbrokersonly.com/buying/first-time-home-buyer-programs)

• [What is Mortgage Insurance?](https://www.buyersbrokersonly.com/buying/mortgage_insurance) 

• [12 Mortgage Mistakes First-time Homebuyers Should Avoid](https://info.buyersbrokersonly.com/blog/bid/343718/12-mortgage-mistakes-ma-first-time-home-buyers-should-avoid)

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

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