Industry NewsMortgage

30-year mortgage rates rise to August levels

15-year fixed-rate, 5-year ARM loans also on way up
Published on Nov 18, 2010

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Rates on 30-year fixed-rate mortgages bounced back this week to their highest level since early August, Freddie Mac said today in releasing the results of its weekly Primary Mortgage Market Survey.

The average rate for 30-year fixed-rate mortgages for the week ending Nov. 18 was 4.39 percent with an average 0.9 point, up from 4.17 percent last week but down from 4.83 percent a year ago.