Closing out a year of surprisingly low mortgage interest rates, the average rate for a conventional 30-year home loan was 3.87% this week, Freddie Mac said, up slightly from 3.83% a week ago.
Average U.S. mortgage rates rose slightly this week, but the benchmark 30-year rate stayed near a 19-month low.
WASHINGTON (AP) — Average U.S. mortgage rates rose slightly this week, but the benchmark 30-year rate stayed near a 19-month low.
The 30-year fixed-rate average rises for the second week in a row, but ends the year 66 basis points below where it started.
U.S. benchmark 30-year mortgage rate rises to 3.87%
The average rate for a 30-year fixed-rate mortgage rose to 3.87% in the week that ended Dec. 31 from the prior week's reading of 3.83%, according to a Wednesday report from federally controlled mortgage-buyer Freddie Mac.
Freddie Mac today released the results of its Primary Mortgage Market Survey® , showing that while average fixed mortgage rates move slightly higher this week, the average 30-year fixed-rate mortgage ends …
Mortgage rates inched up this week, but remain near their 2014 lows due to mixed housing and economic news, Freddie Mac said Wednesday.
Average U.S. mortgage rates rose slightly this week but the benchmark 30-year low remained very close to the 19-month low hit last week. Mortgage company Freddie Mac said Wednesday that the nationwide …