Rate on 30-year mortgage stays at record 3.87 pct.

By Qiong (June) Zhang40 Comments

http://seattletimes.nwsource.com/html/businesstechnology/2017522241_apusmortgagerates.html

The average rate on the 30-year fixed mortgage held steady at a record low for a third straight week, offering more incentive to those looking to buy a home or refinance.

Mortgage buyer Freddie Mac said Thursday that the rate on the 30-year home loan was unchanged at 3.87 percent. That’s the lowest level since long-term mortgages began in the 1950s.

The average on the 15-year fixed mortgage was also unchanged at 3.16 percent. That’s up from a record low of 3.14 percent reached two weeks ago.

For the five-year adjustable loan, the average rate fell to 2.82 percent from 2.83 percent, and the average fee rose to 0.8 from 0.7.

详细历史记录请参看:Rates History

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