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VOL. 41 | NO. 4 | Friday, January 27, 2017

Average US 30-year mortgage rate rises to 4.19 percent

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WASHINGTON (AP) — Long-term US mortgage rates rose this week after three weeks of declines, marking their first increase of the year.

Mortgage buyer Freddie Mac says the rate on 30-year fixed-rate loans climbed to an average 4.19 percent from 4.09 percent last week. That was still sharply higher than a 30-year rate that averaged 3.65 percent for all of 2016, the lowest level recorded from records going back to 1971. A year ago, the benchmark rate stood at 3.79 percent.

The average for a 15-year mortgage increased to 3.40 percent from 3.34 percent last week.

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RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 0 0 0
MORTGAGES 0 0 0
FORECLOSURE NOTICES 0 0 0
BUILDING PERMITS 0 0 0
BANKRUPTCIES 0 0 0
BUSINESS LICENSES 0 0 0
UTILITY CONNECTIONS 0 0 0
MARRIAGE LICENSES 0 0 0