Category Archives: Interest Rates

A Muni Offering

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Security Description: VISALIA CA UNIF SCH DIST COPS UNDERLYING S&P A+

Rating: AA(S&P)
Insurance Desc: AGM
Interest Rate: 4.00%

Maturity: 5/1/2040
Call Features: 5/1/2021 @ 100
Yield to Call: 3.285%
Yield to Maturity: 3.864%

Price: 102

Interest rates

“The 30-year fixed-rate mortgage averaged 4.04% during the week ending Jan. 18,¬†Freddie Mac said Thursday, up from 3.99% in the prior week. The 15-year fixed-rate mortgage averaged 3.49%, also up five basis points. The 5-year Treasury-indexed hybrid adjustable-rate mortgage averaged 3.46%, unchanged during the week.”

Mortgage rates

The 30-year fixed-rate mortgage averaged 4.30% during the December 22 week, up from 4.16% in the prior week. The 15-year fixed-rate mortgage averaged 3.52%, up 15 basis points during the week.

The 5-year Treasury-indexed hybrid adjustable-rate mortgage averaged 3.32%, up from 3.19%.

Interest rates

The average rate for a 30-year fixed-rate mortgage was 4.04% in the week ending June 11.

A year ago, the 30-year rate was at 4.20%. A record low of 3.31% for the 30-year mortgage was in November 2012.

The rate for a 5-year Treasury-indexed hybrid adjustable-rate mortgage rose to 3.01% from 2.96%. The rate for a 1-year Treasury-indexed ARM fell to 2.53% from 2.59%.