Home Loan Rates: ‘Mostly Unchanged This Week’

Average fixed-rate mortgages mostly remained unchanged this week as the 30-year fixed-rate mortgage continues to remain 4 percent, Freddie Mac reports.

Freddie Mac reports the following national averages for the week ending Nov.19:

  • 30-year fixed-rate mortgages: averaged 3.97 percent, with an average 0.6 point, dropping from last week’s 3.98 percent average. Last year at this time, 30-year rates averaged 3.99 percent.
  • 15-year fixed-rate mortgages: averaged 3.18 percent, with an average 0.5 point, dropping from last week’s 3.20 percent average. A year ago, 15-year rates averaged 3.17 percent.
  • 5-year hybrid adjustable-rate mortgages: averaged 2.98 percent, with an average 0.5 point, falling from last week’s 3.03 percent average. A year ago, 5-year ARMs averaged 3.01 percent.

Source: Freddie Mac