Mortgage Rates Survey for 1998
HSH's Fixed-Rate Mortgage Indicator (FRMI) averages 30-year fixed mortgages of all sizes, including conforming, the new expanded conforming, and jumbo. The FRMI has been published as a continuous series since the early 1980s. Separate statistical series for conforming and jumbo loans have long been available to HSH clients.
As the nation's largest publisher of mortgage information, HSH Associates surveys mortgage lenders coast to coast every week. The mortgage rates shown here include both conforming and jumbo mortgages to give a true picture of the overall mortgage market. HSH markets jumbo-only and conforming-only statistics -- find out how to order.
We also offer average mortgage rates and points for over 100 metro markets; read more about our statistics.
These statistics are copyright © 2013 by HSH Associates, Financial Publishers. They may be copied and distributed provided you credit us with a valid and live link to HSH.com .
1998 National Weekly Averages
| 1998 (Week of) |
15 Year Fixed Rate Mortgage | 30 Year Fixed Rate Mortgage | 30 Year 1/1 ARM | |||
|---|---|---|---|---|---|---|
| Rate | Points | Rate | Points | Rate | Points | |
| 01/02 | 6.95 | 0.85 | 7.26 | 0.86 | 5.75 | 0.79 |
| 01/09 | 6.76 | 0.85 | 7.08 | 0.86 | 5.68 | 0.78 |
| 01/16 | 6.70 | 0.71 | 7.05 | 0.66 | 5.72 | 0.60 |
| 01/23 | 6.76 | 0.85 | 7.11 | 0.86 | 5.64 | 0.80 |
| 01/30 | 6.90 | 0.84 | 7.25 | 0.85 | 5.73 | 0.77 |
| 02/06 | 6.82 | 0.87 | 7.16 | 0.86 | 5.70 | 0.79 |
| 02/13 | 6.86 | 0.74 | 7.20 | 0.70 | 5.76 | 0.65 |
| 02/20 | 6.78 | 0.85 | 7.10 | 0.86 | 5.71 | 0.77 |
| 02/27 | 6.86 | 0.84 | 7.22 | 0.85 | 5.75 | 0.77 |
| 03/06 | 6.94 | 0.83 | 7.28 | 0.84 | 5.78 | 0.78 |
| 03/13 | 6.89 | 0.71 | 7.22 | 0.67 | 5.86 | 0.63 |
| 03/20 | 6.81 | 0.82 | 7.15 | 0.83 | 5.76 | 0.77 |
| 03/27 | 6.84 | 0.84 | 7.17 | 0.83 | 5.77 | 0.77 |
| 04/03 | 6.88 | 0.83 | 7.23 | 0.80 | 5.79 | 0.74 |
| 04/10 | 6.79 | 0.86 | 7.12 | 0.84 | 5.76 | 0.76 |
| 04/17 | 6.87 | 0.73 | 7.21 | 0.70 | 5.84 | 0.64 |
| 04/24 | 6.85 | 0.85 | 7.19 | 0.85 | 5.76 | 0.77 |
| 05/01 | 6.94 | 0.83 | 7.28 | 0.83 | 5.80 | 0.77 |
| 05/08 | 6.85 | 0.82 | 7.18 | 0.83 | 5.80 | 0.78 |
| 05/15 | 6.88 | 0.71 | 7.22 | 0.68 | 5.87 | 0.64 |
| 05/22 | 6.82 | 0.84 | 7.15 | 0.83 | 5.79 | 0.77 |
| 05/29 | 6.80 | 0.84 | 7.12 | 0.83 | 5.77 | 0.79 |
| 06/05 | 6.79 | 0.82 | 7.10 | 0.81 | 5.79 | 0.77 |
| 06/12 | 6.80 | 0.78 | 7.11 | 0.78 | 5.79 | 0.75 |
| 06/19 | 6.78 | 0.69 | 7.08 | 0.65 | 5.83 | 0.63 |
| 06/26 | 6.77 | 0.80 | 7.07 | 0.77 | 5.78 | 0.74 |
| 07/03 | 6.78 | 0.79 | 7.08 | 0.76 | 5.80 | 0.72 |
| 07/10 | 6.72 | 0.80 | 7.03 | 0.78 | 5.77 | 0.73 |
| 07/17 | 6.76 | 0.66 | 7.07 | 0.64 | 5.82 | 0.60 |
| 07/24 | 6.74 | 0.77 | 7.04 | 0.76 | 5.78 | 0.70 |
| 07/31 | 6.76 | 0.77 | 7.05 | 0.74 | 5.79 | 0.69 |
| 08/07 | 6.74 | 0.78 | 7.04 | 0.75 | 5.78 | 0.69 |
| 08/14 | 6.72 | 0.65 | 7.03 | 0.62 | 5.81 | 0.58 |
| 08/21 | 6.72 | 0.78 | 7.02 | 0.75 | 5.75 | 0.68 |
| 08/28 | 6.71 | 0.79 | 7.02 | 0.76 | 5.72 | 0.68 |
| 09/04 | 6.59 | 0.77 | 6.90 | 0.74 | 5.69 | 0.66 |
| 09/11 | 6.54 | 0.75 | 6.85 | 0.72 | 5.65 | 0.67 |
| 09/18 | 6.53 | 0.61 | 6.84 | 0.57 | 5.72 | 0.56 |
| 09/25 | 6.49 | 0.77 | 6.81 | 0.74 | 5.65 | 0.68 |
| 10/02 | 6.34 | 0.75 | 6.68 | 0.72 | 5.60 | 0.69 |
| 10/09 | 6.37 | 0.74 | 6.70 | 0.73 | 5.52 | 0.68 |
| 10/16 | 6.65 | 0.74 | 7.02 | 0.72 | 5.56 | 0.68 |
| 10/23 | 6.58 | 0.60 | 6.99 | 0.56 | 5.67 | 0.54 |
| 10/30 | 6.54 | 0.73 | 6.96 | 0.70 | 5.57 | 0.66 |
| 11/06 | 6.63 | 0.74 | 7.03 | 0.71 | 5.65 | 0.62 |
| 11/13 | 6.67 | 0.71 | 7.08 | 0.68 | 5.74 | 0.62 |
| 11/20 | 6.67 | 0.59 | 7.03 | 0.56 | 5.81 | 0.52 |
| 11/27 | 6.56 | 0.74 | 6.93 | 0.72 | 5.70 | 0.63 |
| 12/04 | 6.54 | 0.66 | 6.89 | 0.64 | 5.74 | 0.59 |
| 12/11 | 6.53 | 0.71 | 6.89 | 0.69 | 5.70 | 0.61 |
| 12/18 | 6.55 | 0.58 | 6.92 | 0.54 | 5.79 | 0.51 |
| 12/25 | 6.54 | 0.73 | 6.91 | 0.70 | 5.72 | 0.65 |
