US mortgage rates increased this week with 30-year at 4.17%

In this Friday, April 12, 2019 photo, a newly built waterfront home is shown for sale in Surfside, Fla. On Thursday, April 18, Freddie Mac reports on this week’s average U.S. mortgage rates. (AP Photo/Wilfredo Lee)

WASHINGTON — U.S. long-term mortgage rates increased this week, though they remain lower than a year ago in a positive sign for home sales.

Mortgage buyer Freddie Mac says the average rate on the 30-year, fixed-rate mortgage rose to 4.17% from 4.12% last week and 4.47% a year ago. Average mortgage rates have been trending downward since peaking at nearly 5% in November, helping to increase home sales after a rough 2018.

The average rate this week for 15-year, fixed-rate home loans rose to 3.62% from 3.60%.

Must Read

Trump's shrinking trade appeal evident in North...

Aug 22, 2016

North Carolina may be the state most pivotal to Donald Trump's White House bid, and the audience...

Farm safety top priority with farm tourism on the...

Aug 24, 2016

Connecticut officials are joining other states in educating local farmers about how to mitigate...

US wants to force lower speeds on truck and bus...

Aug 26, 2016

The U.S. wants to forcibly limit how fast trucks, buses and other large vehicles can drive on the...

Obama to juggle security, climate, rights on...

Aug 29, 2016

President Barack Obama faces thorny talks about the fight against the Islamic State group, climate...

Poll: More voters trust Clinton on health care

Sep 1, 2016

A new poll finds that more voters trust Democratic presidential candidate Hillary Clinton to do a...

Sign up now!

About Us

In The Headline sought to bring professionalism back into journalism, bringing you only the most exclusive and the most impactive news from all over the globe.

Contact us: sales[at]intheheadline.com