Breaking News Bar
updated: 7/10/2014 11:47 AM

Average U.S. 30-year mortgage rate rises to 4.15 pctAverage U.S. 30-year mortgage rate rises to 4.15 pct

hello
Success - Article sent! close
  • Average U.S. rates on fixed mortgages edged up slightly this week, remaining near historically low levels.

      Average U.S. rates on fixed mortgages edged up slightly this week, remaining near historically low levels.
    Associated Press

 

Associated Press

WASHINGTON -- Average U.S. rates on fixed mortgages edged up slightly this week, remaining near historically low levels.

Order Reprint Print Article
 
Interested in reusing this article?
Custom reprints are a powerful and strategic way to share your article with customers, employees and prospects.
The YGS Group provides digital and printed reprint services for Daily Herald. Complete the form to the right and a reprint consultant will contact you to discuss how you can reuse this article.
Need more information about reprints? Visit our Reprints Section for more details.

Contact information ( * required )

Success - request sent close

Mortgage buyer Freddie Mac says the nationwide average rate for a 30-year loan rose to 4.15 percent from 4.12 percent last week. The average for the 15-year mortgage increased to 3.24 percent from 3.22 percent.

Mortgage rates are slightly lower than they were at the same time last year, having fallen recently after climbing last summer. That's when the Federal Reserve began talking about reducing the monthly bond purchases it has been using to keep long-term interest rates low. Rates have fallen modestly this year as Fed officials have signaled strongly that while they are trimming the bond purchases, they are in no rush to start boosting a key short-term rate the Fed controls.

Share this page
Comments ()
Guidelines: Keep it civil and on topic; no profanity, vulgarity, slurs or personal attacks. People who harass others or joke about tragedies will be blocked. If a comment violates these standards or our terms of service, click the X in the upper right corner of the comment box. To find our more, read our FAQ.
    help here