Tags: APFN | US | Mortgage Rates

Rate on 30-year Mortgages Falls to 3.92 Percent

Rate on 30-year Mortgages Falls to 3.92 Percent

Wednesday, 22 November 2017 12:59 PM

The rate on benchmark 30-year, fixed-rate mortgages slipped this week to 3.92 percent from 3.95 percent last week. But the 15-year, fixed-rate mortgage, popular among homeowners seeking to refinance, blipped up to 3.32 percent from 3.31 percent.

A year ago, the 30-year stood at 4.03 and the 15-year at 3.25 percent.

Mortgage rates often follow the yield on 10-year Treasury notes, which dipped this week.

The five-year adjustable mortgage rate rose to 3.22 percent from 3.21 percent last week and 3.12 percent a year ago.

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The rate on benchmark 30-year, fixed-rate mortgages slipped this week to 3.92 percent from 3.95 percent last week. But the 15-year, fixed-rate mortgage, popular among homeowners seeking to refinance, blipped up to 3.32 percent from 3.31 percent.
APFN, US, Mortgage Rates
85
2017-59-22
Wednesday, 22 November 2017 12:59 PM
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