Average US rate on 15-year mortgage tops 3 pct.

The average U.S. rate on a 15-year fixed mortgage rose above 3 percent this week for the first time in a year, while the rate on the 30-year fixed loan approached 4 percent.

Here’s a look at rates for fixed and adjustable mortgages this week and over the past year:

Current avg. Last week 52-week high 52-week low
30-year fixed 3.91 3.81 3.91 3.31
15-year fixed 3.03 2.98 3.03 2.56
5-year adjustable 2.74 2.66 2.80 2.56
1-year adjustable 2.58 2.54 2.78 2.52
All values in percentage points
Source: Freddie Mac Primary Mortgage Market Survey

KSN.com provides commenting to allow for constructive discussion on the stories we cover. In order to comment here, you acknowledge you have read and agreed to our Terms of Service. Commenters who violate these terms, including use of vulgar language, racial slurs or consistent name calling will be banned. Please be respectful of the opinions of others. If you see an inappropriate comment, please flag it for our moderators to review.

blog comments powered by Disqus