Tags: mortgage | rates | home | loan | housing

Mortgage Rates Increase as 30-Year Hits 4.17 Percent

Mortgage Rates Increase as 30-Year Hits 4.17 Percent
(Pricelessphotos/Dreamstime)

Thursday, 18 April 2019 11:10 AM EDT

U.S. long-term mortgage rates increased this week, though they remain lower than a year ago in a positive sign for home sales.

Mortgage buyer Freddie Mac says the average rate on the 30-year, fixed-rate mortgage rose to 4.17% from 4.12% last week and 4.47% a year ago. Average mortgage rates have been trending downward since peaking at nearly 5% in November, helping to increase home sales after a rough 2018.

The average rate this week for 15-year, fixed-rate home loans rose to 3.62% from 3.60%.

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Personal-Finance
U.S. long-term mortgage rates increased this week, though they remain lower than a year ago in a positive sign for home sales
mortgage, rates, home, loan, housing
85
2019-10-18
Thursday, 18 April 2019 11:10 AM
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