Long-Term US Mortgage Rates Decline, Short-Term Rate Rises
WASHINGTON (AP) — Long-term mortgage rates slipped this week, though shorter-term rates rose in response to better economic news that made it more likely the Federal Reserve will hike rates in December.
|This week||Last week||Year ago|
|30-year fixed||3.9 percent||3.92 percent||4.08 percent|
|15-year fixed||3.3 percent||3.32 percent||3.34 percent|
|5-year adjustable||3.32 percent||3.22 percent||3.15 percent|