Average U.S. mortgage interest rates changed little for the week ending December 14, 2017, according to Freddie Mac's weekly Primary Mortgage Market Survey.
The 30-year, fixed rate mortgage interest rate, with an average 0.5 point, averaged 3.93 percent, a 1 basis point decline from the previous week. The 30-year note average 4.16 percent during the same week last year.
"As widely expected, the Fed increased the federal
The 15-year, fixed rate mortgage loan, with an average 0.5 point, averaged 3.36 percent, the same as the previous week and only 1 basis point lower than last year. The 5-year, adjustable rate mortgage also averaged 3.36, with an average 0.3 point.