A glance at US mortgage rates
US average mortgage rates fell this week amid a steep decline in stock prices. The average rate on the benchmark 30-year, fixed-rate mortgage dipped to 4.75% from 4.81% last week.
Long-term U.S. mortgage rates fell this week amid a steep decline in stock prices, according to mortgage giant Freddie Mac.
This week | Last week | Year ago | |
30-year fixed | 4.75 | 4.81 | 3.94 |
15-year fixed | 4.21 | 4.25 | 3.36 |
5-year adjustable | 4.07 | 4.12 | 3.36 |