Freddie Mac’s most recent mortgage survey found the 30-year fixed-rate mortgage averaged 2.87 percent last week.

That’s down only slightly from the previous week, when it averaged 2.88 percent. Last year at this time, the 30-year FRM averaged 3.57 percent.

The 15-year fixed-rate mortgage averaged 2.37 percent, slightly up from last week when it averaged 2.36 percent. In 2019 it averaged 3.05 percent.

The five-year Treasury-indexed hybrid adjustable-rate mortgage (ARM) averaged 2.89 percent, slightly down from last week when it averaged 2.90 percent. Last year the five-year ARM averaged 3.35 percent.

“The year-long slide in mortgage rates seems to be ending as rates have flattened over the last month and the economic rebound has slowed,” Freddie Mac’s Chief Economist Sam Khater said in a statement. “But with near record low rates, buyer demand remains robust with strong first-time buyers coming into the market. The demand is particularly strong in more affordable regions of the country such as the Midwest, where home prices are accelerating at the highest rates over the last two decades.”