Average U.S. long-term mortgage rates were slightly lower to unchanged this week amid expectations that the Federal Reserve isn't ready yet to raise its key short-term interest rate.
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||3.76 percent||3.79 percent||4.02 percent||3.59 percent|
|15-year fixed||2.98 percent||2.98 percent||3.21 percent||2.92 percent|
|5-year adjustable||2.89 percent||2.89 percent||3.02 percent||2.82 percent|
|1-year adjustable||2.54 percent||2.62 percent||2.63 percent||2.37 percent|