After a Rising Streak, Mortgage Rates Slow

After an April run-up, mortgage rates have slowed, with the average 30-year, fixed rate at 4.55 percent this week, down from 4.58 percent the prior week, according to Freddie Mac’s recently released Primary Mortgage Market Survey® (PMMS®). The average 15-year, fixed rate, however, was at 4.03 percent, up from 4.02 percent the prior week—but the average five-year, Treasury-indexed hybrid adjustable rate was 3.69 percent, a tumble from 3.74 percent the prior week.
“While