Average fixed mortgage rates moved lower from the previous week’s new highs for 2015 while housing data was generally positive, according to the latest from Freddie Mac.

The 30-year fixed-rate mortgage (FRM) averaged 4.00% with an average 0.7 point for the week ending June 18, 2015, down from last week when it averaged 4.04%. A year ago at this time, the 30-year FRM averaged 4.17%.

“Mortgage rates were down this week while housing data were generally positive. Although housing starts dropped 11.1% to a seasonally adjusted pace of 1.04 million units in May, housing permits surged 11.8% to its highest level since August 2007,” said Len Kiefer, deputy chief economist, Freddie Mac. “Reinforcing this positive momentum, the NAHB housing market index rose 5 points in June, suggesting home builders are very optimistic about home sales in the near future.”

The 15-year FRM this week averaged 3.23% with an average 0.5 point, down from last week when it averaged 3.25%. A year ago at this time, the 15-year FRM averaged 3.30%. 

The 5-year Treasury-indexed hybrid adjustable-rate mortgage (ARM) averaged 3.00% this week with an average 0.4 point, down from last week when it averaged 3.01%. A year ago, the 5-year ARM averaged 3.00%.

The 1-year Treasury-indexed ARM averaged 2.53% this week with an average 0.2 point, unchanged from last week. At this time last year, the 1-year ARM averaged 2.41%.