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Friday, February 3, 2017
Friday Rate Update
30-Year Mortgage Rates Hold Steady
The rate for a 30-year fixed-rate mortgage averaged 4.19 percent this week, unchanged from the previous week's rate. At this time last year, the 30-year FRM rate averaged 3.72 percent.
This week's 15-year FRM rate averaged 3.41 percent, up from last week's 3.4 percent. A year ago, the 15-year FRM rate averaged 3.01 percent.
---ABA Daily Newsbytes