US average rate on 30-year home loans eases to 3.93 percent

AP News
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Posted: Aug 20, 2015 12:15 PM

Average U.S. long-term mortgage rates edged lower this week, with the key 30-year loan rate remaining under 4 percent.

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 3.93 percent 3.94 percent 4.23 percent 3.59 percent
15-year fixed 3.15 percent 3.17 percent 3.37 percent 2.92 percent
5-year adjustable 2.94 percent 2.93 percent 3.08 percent 2.82 percent
1-year adjustable 2.62 percent 2.62 percent 2.62 percent 2.37 percent