Average US rate on 30-year mortgage rises to 3.80 percent; 15-year rate up to 3.07 percent
Average long-term U.S. mortgage rates have edged up for a third straight week while remaining near their historically low levels reached in May 2013.
Average long-term U.S. mortgage rates have edged up for a third straight week while remaining near their historically low levels reached in May 2013.
Mortgage rates climbed higher this week as lenders on average offered a 30-year fixed loan at 3.80%, up from 3.76% last week, according to Freddie Mac’s weekly survey.
WASHINGTON (AP) — Average long-term U.S. mortgage rates have edged up for a third straight week while remaining near their historically low levels reached in May 2013.
The 30-year fixed-rate average rose for the third week in a row, climbing to 3.8 percent. It has risen 21 basis points in the past three weeks.