US 30-year, fixed-rate mortgage rate slips to 3.93 per cent
Dec 14, 2017 | 7:15 AM
WASHINGTON — The rate on 30-year fixed-rate U.S. mortgages slipped to 3.93 per cent this week.
Mortgage buyer Freddie Mac says the benchmark 30-year home loan rate was down from 3.94 per cent last week and 4.16 per cent a year ago.
The rate on 15-year, fixed-rate mortgages, popular with those refinancing their homes, was unchanged this week at 3.36 per cent. It was 3.37 per cent a year ago.
The rate on five-year adjustable-rate mortgages rose to 3.36 per cent from 3.35 per cent last week and 3.19 per cent a year ago.
