The 30-year fixed-rate mortgage averaged 3.65 percent this week, remaining near its 2015 low and offering “positive news for potential home buyers in the market this spring,” Freddie Mac reports in its mortgage market survey.

The low rates are helping to provide a boost to loan demand. Mortgage applications for home purchases in 60 of the 100 markets that Freddie Mac tracks in its index are up compared to the same point last year. Twenty markets alone are showing double-digit increases in applications.

Freddie Mac reports the following national averages with mortgage rates for the week ending April 23:

  • 30-year fixed-rate mortgages: averaged 3.65 percent, with an average 0.6 point, dropping from last week’s 3.67 percent average. Last year at this time, 30-year rates averaged 4.33 percent.
  • 15-year fixed-rate mortgages: averaged 2.92 percent, with an average 0.6 point, falling from last week’s 2.94 percent average. A year ago, 15-year rates averaged 3.39 percent.
  • 5-year hybrid adjustable-rate mortgages: averaged 2.84 percent, with an average 0.4 point, dropping from last week’s 2.88 percent average. Last year at this time, 5-year ARMs averaged 3.03 percent.
  • 1-year ARMs: averaged 2.44 percent, with an average 0.4 point, falling from last week’s 2.46 percent average. A year ago, 1-year ARMs averaged 2.44 percent.

Source: Freddie Mac