Mortgage Rates

FRANKCRANDALL.EXPREALTY.COM
 Mortgage Rates
30-Year Fixed Rate, January 2018–Today
5.5
5.09%

5.0

4.5

4.0

3.5

3.0

2.5

FRANKCRANDALL.EXPREALTY.COM Source: Freddie Mac

 2.5
3.0
3.5
4.0
4.5
5.0
5.5
1/7/16
2/4
3/3
4/7
5/5
6/2
7/7
8/4
9/1
10/6
11/3
12/1
1/5/2017
2/2
3/2
3/30
4/27
5/25
6/22
7/20
8/17
9/14

FRANKCRANDALL.EXPREALTY.COM
10/12
11/9
12/7
1/4/2018
2/1
3/1
Mortgage Rates

4/5
5/4
6/7
7/5
8/2
9/6
10/4
11/1
12/6
1/3/2019
1/31
3/7
4/4
5/2
6/6
30-Year Fixed Rate, January 2016–Today

7/3
8/1
9/5
10/3
11/7
12/5
1/2/2020
2/6
3/5
4/2
5/7
6/4
7/2
8/6
9/3
10/1
11/5
12/3
1/7/2021
2/4
3/4
4/1
5/6
6/3
7/1
8/5
9/2
10/7
11/4
12/2
1/6/2022
2/3
3/3
4/7
5/5
Source: Freddie Mac

6/2
5.09%
 Mortgage Rate Projections
May 2022

Average
Freddie Fannie
Quarter MBA NAR of All
Mac Mae
Four
2022 4Q 5.0 5.1 5.0 5.3 5.1%
2023 1Q 5.0 5.1 5.0 5.3 5.1%
2023 2Q 5.0 5.0 5.0 5.4 5.1%
2024 3Q 5.0 5.0 4.8 - 4.93%

FRANKCRANDALL.EXPREALTY.COM
 Mortgage Rates
30-Year Fixed Rate
5.5

5.0
5.0 5.0 5.0 5.0

4.5

4.0 Where Are They Going?

3.5

3.0

January 2018 – Today

Actual Interest Rates
2.5
5/3
6/7

8/2
9/6

7/3

2/6

3/4

6/3

5/5
2/1
3/1
4/5

7/5

3/7
4/4
5/2
6/6

8/1
9/5

3/5
4/2
5/7
6/4
7/2
8/6
9/3

2/4

4/1
5/6

7/1
8/5
9/2

2/3
3/3
4/7

6/2
12/6

10/3
11/7

12/3
10/4
11/1

1/31

12/5

10/1
11/5

10/7
11/4
12/2
2020
2018

2019

2021

2022

2022 Q4 2023 Q1 2023 Q2 2023 Q3

FRANKCRANDALL.EXPREALTY.COM Source: Freddie Mac

 Mortgage Rates
30-Year Fixed Rate
- Actual - Projected
5.5

5
2018
2023
4.5

2019
4

2022
2017
3.5

2020
2016
3

2021

2.5
2016 2016 2016 2016 2017 2017 2017 2017 2018 2018 2018 2018 2019 2019 2019 2019 2020 2020 2020 2020 2021 2021 2021 2021 2022 2022 2022 2022 2023 2023 2023 2023
Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4
Rate 3.7 3.6 3.5 3.8 4.2 4.0 3.9 3.9 4.3 4.5 4.6 4.8 4.4 4 3.7 3.7 3.5 3.2 3.0 2.8 2.9 3.0 2.9 3.1 3.8 4.8 4.8 5.0 5.0 5.0 5.0 5.1

FRANKCRANDALL.EXPREALTY.COM Source: Freddie Mac