Average US rate on 30-year mortgages rises to 4.01 percent

AP News
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Posted: Dec 31, 2015 11:46 AM

Average long-term U.S. mortgage rates crossed the 4 percent mark this week, a slight increase in the wake of the Federal Reserve decision this month to hike a 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 4.01 percent 3.96 percent 4.09 percent 3.59 percent
15-year fixed 3.24 percent 3.22 percent 3.25 percent 2.92 percent
5-year adjustable 3.08 percent 3.06 percent 3.08 percent 2.82 percent
1-year adjustable 2.68 percent 2.68 percent 2.68 percent 2.37 percent