Average 30-year mortgage falls to 3.62 percent

AP News
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Posted: Feb 25, 2016 1:42 PM

WASHINGTON (AP) — Average long-term mortgage rates fell this week as anxiety over the global economy persisted.

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

Current Avg Last week 52-week high 52-week low
30-year fixed 3.62 percent 3.65 percent 4.09 percent 3.62 percent
15-year fixed 2.93 percent 2.95 percent 3.26 percent 2.92 percent
5-year adjustable 2.79 percent 2.85 percent 3.09 percent 2.79 percent