Freddie Mac reported more new record lows for 30- and 15-year fixed mortgage rates as well as 5/1 hybrid ARMs.

For the week ending July 12, the 30-year fixed rate mortgage rate averaged 3.56%, down six basis points from last week, with an average 0.7 point. This places the no-point rate at 3.74% which should keep refinancing activity relatively responsive.

Subscribe Now

Access to a full range of industry content, analysis and expert commentary.

30-Day Free Trial

No credit card required. Access coverage of the securitization marketplace, including breaking news updated throughout the day.