The rate for a 30-year fixed-rate mortgage averaged 4.3 percent this week, up from the previous weeks 4.21 rate. At this time last year, the 30-year FRM rate averaged 3.73 percent.
This weeks 15-year FRM rate averaged 3.5 percent, up from last weeks 3.42 percent. A year ago, the 15-year FRM rate averaged 2.99 percent.
--ABA Daily Newsbytes
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