30-Year Fixed Rate MortgagesAccording to Freddie Mac's Primary Mortgage Market Survey (PMMS) average 30-year fixed rate mortgages held steady for the week ending February 7, 2013. The average 30-year fixed rate mortgage stayed at 3.53 percent. Last year at this time the 30-year FRM averaged 3.87 percent. 15-Year Fixed Rate MortgagesAverage 15-year fixed rate mortgages averaged 2.77 percent, down slightly from last week when it averaged 2.81. Last year at this time, the 15-year FRM averaged 3.16 percent. 5-Year Adjustable Rate MortgagesThe average five-year Treasury-indexed hybrid adjustable-rate mortgage (ARM) is down to 2.63 percent from 2.70 percent last week. A year ago, the 5-year ARM averaged 2.83 percent. 1-Year Adjustable Rate MortgagesThe average one-year Treasury-indexed ARM also fell to 2.53 percent from 2.59 percent last week. Last year at this time, the 1-year ARM averaged 2.78 percent. Contact a licensed mortgage loan professional, at 239-936-4232, to take advantage of these record low mortgage rates. Find a loan officer near you. Attributed to Frank Nothaft, vice president and chief economist, Freddie Mac:"Mortgage rates were either unchanged or lower this week following a mostly positive employment data report for January. In January, the economy gained 157,000 new jobs and revisions to November and December added another 127,000 workers. On top of that, the annual benchmark update showed payrolls grew by an additional 424,000 jobs between April 2011 and March 2012. The only downside to the report was that the unemployment rate ticked up from 7.8 to 7.9 percent in January, which is still historically high." Original Source: Freddie Mac Interest rates listed above are national averages as reported by Freddie Mac. Individual interest rates are dependent upon credit approval and may include points. Average mortgage points are also reported in Freddie Mac's Primary Mortgage Market Survey. Other mortgage financing fees may apply.