Average 30-year mortgage rate rises to 4.15 percent

July 11, 2014 

WASHINGTON — Average U.S. rates on fixed mortgages edged up slightly this week, remaining near historically low levels.

Mortgage buyer Freddie Mac said Thursday that the nationwide average rate for a 30-year loan rose to 4.15 percent from 4.12 percent last week. The average for the 15-year mortgage increased to 3.24 percent from 3.22 percent.

The average fee for a 30-year mortgage rose to 0.7 point this week from 0.5 point last week. The fee for a 15-year loan, popular in refinancing, increased to 0.6 point from 0.5 point last week. The average rate on a one-year adjustable-rate mortgage rose to 2.40 percent from 2.38 percent. The average fee was unchanged at 0.4 point.

The Associated Press

The News Tribune is pleased to provide this opportunity to share information, experiences and observations about what's in the news. Some of the comments may be reprinted elsewhere in the site or in the newspaper. We encourage lively, open debate on the issues of the day, and ask that you refrain from profanity, hate speech, personal comments and remarks that are off point. Thank you for taking the time to offer your thoughts.

Commenting FAQs | Terms of Service