Subscribe to our mailing list

* indicates required Email Address * First Name Last Name Opt-In Date Location

St. Louis Real Estate Search

 

Mortgage Interest Rates Make Biggest One-Week Increase Of The Year

Mortgage Interest Rates rose this week to an average of 4.23 percent for a 30-year fixed rate home loan, up from 4.12 percent last week, marking the largest one-week jump in interest rates we have seen thus far this year, according to data just released by Freddie Mac.  Mortgage interest rates for fixed-rate loans have now hit the  highest level since May 1st.

(We work hard on this and sure would appreciate a “Like”)

Search St Louis Homes For Sale HERE

Mortgage interest rates from the Freddie Mac report:

  • 30-year fixed rate mortgages averaged 4.23%
    • Last week the rate was 4.12%
    • Last year at this time the rate was 4.5%
  • 15-year fixed rate mortgages averaged 3.37%
    • Last week the rate was  3.26.
    • Last year at this time the rate was 3.54
  • 5-year hybrid adjustable rate mortgages averaged 3.06%
    • Last week the rate was 2.99%
    • Last year at this time the rate was 3.11%
  • 1-year adjustable rate mortgages averaged 2.43%
    • Last week the rate was 2.45%
    • Last year at this time the rate was 2.65%

 

Print Friendly, PDF & Email

Comments are closed.