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After all the talk about how the debt ceiling discussions were going to raise interest rates, they’ve actually dropped.

According to a report released by Freddie Mac on Thursday, average rates for 15-year fixed mortgages and five-year adjustable rate mortgages both hit historic lows this week. Also, the average 30-year fixed rate mortgage, the traditional home mortgage, hit its lowest point of 2011.

The 15-year fixed rate mortgage ended the week, which ends every Thursday, averaging 3.54 percent, down from 3.66 percent last week and 3.95 percent a year ago, according to results from Freddie Mac’s Primary Mortgage Market Survey. The 15-year fixed rate mortgage is often used by homeowners looking to readjust their mortgages.

The five-year Treasury indexed hybrid adjustable rate mortgage averaged 3.18 percent, down from 3.25 percent last week and 3.63 percent a year ago.

Also, the 30-year fixed rate mortgage averaged 4.39 percent for the week, down from 4.55 percent last week and up from 4.49 percent this time last year.

Freddie Mac attributed the mortgage rate drops to falling bond yields and sings of a weaker than expected economy.