Mortgage Rates Edge Up
The rate for a 30-year fixed-rate mortgage averaged 4.16 percent this
week, up slightly from the previous week's™s 4.15 percent rate, Freddie
Mac said yesterday. At this time last year, the 30-year FRM rate
averaged 3.62 percent.
This week;s™s 15-year FRM rate averaged
3.37 percent, up from last week's™s 3.35 percent. A year ago, the
15-year FRM rate averaged 2.93 percent.
--ABA Daily Newsbytes
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