--- title: Mortgage Interest Rates Increase Again description: Average mortgage interest rates increased for the seventh consecutive week for the week ending December 15, 2016. image: http://info.buyersbrokersonly.com/hs-fs/hub/213639/file-2033285938-jpg/social-suggested-images/approved_mortgage_350x233-thumb-350x233-135234.jpg --- (978) 835-5906             [![Search Icon](https://info.buyersbrokersonly.com/hs-fs/hubfs/Search%20Icon.png?width=30&height=30&name=Search%20Icon.png)](https://info.buyersbrokersonly.com/search-results-page) [![Buyers Brokers Only, LLC – Real Estate Buyer Agents](https://info.buyersbrokersonly.com/hs-fs/hubfs/2023%20BBO%20Logo%20800x170.png?width=1600&height=340&name=2023%20BBO%20Logo%20800x170.png "Buyers Brokers Only, LLC – Real Estate Buyer Agents")](https://www.buyersbrokersonly.com/) # Massachusetts Home Buyer Guide ![smaller-dotted-line.png](https://cdn2.hubspot.net/hub/298849/file-263826832-jpg/true_gray_line_websites.jpg?width=1175&name=true_gray_line_websites.jpg "smaller-dotted-line.png") ## [Mortgage Interest Rates Increase Again](https://info.buyersbrokersonly.com/blog/mortgage-interest-rates-increase-again) Dec 15, 2016 10:09:29 PM Average U.S. mortgage interest rates increased for the seventh consecutive week, according to Freddie Mac's Primary Mortgage Market Survey.  ![Mortgage Interest Rates](https://info.buyersbrokersonly.com/hs-fs/hubfs/images/Mortgage%20Interest%20Rates-2.png?width=420&name=Mortgage%20Interest%20Rates-2.png "Mortgage Interest Rates")The 30-year, fixed rate mortgage loan averaged 4.16 percent with an average 0.5 point for the week ending December 15, 2016, an increase from 4.13 percent the previous week. A year ago the 30-year loan averaged 3.97 percent.  "As was almost universally expected, the FOMC closed the year with its one and only rate hike of 2016," Sean Becketti, chief economist for [Freddie Mac](https://info.buyersbrokersonly.com/blog/is-freddie-macs-home-possible-advantage-mortgage-for-you), said. "The consensus of the committee points to more rate hikes in 2017; however, the experience of this year combined with the policy uncertainty that accompanies a new administration suggests a wait-and-see outlook. "This week's mortgage rate survey was completed prior to the FOMC announcement. The MBA's Applications Survey posted drops in both refinance and purchase applications, registering the impact of recent [mortgage](https://info.buyersbrokersonly.com/loan) rate increases. If rates continue their upward trend, expect mortgage activity to be significantly subdued in 2017." The 15-year, fixed rate mortgage loan averaged 3.37 percent with an average 0.5 point, an increase from 3.36 percent the previous week. The 15-year note averaged 3.22 percent the same week last year.  The five-year, adjustable rate mortgage (ARM) increased 2 basis points from last week to 3.19 percent with an average 0.4 point. A year ago the 5-year ARM averaged 3.03 percent. [![A Handy Homebuyer Wants v. Needs Worksheet. Download Now. ](https://no-cache.hubspot.com/cta/default/213639/00fb2c6f-0d59-4d01-866b-4e63b66fa76b.png)](https://cta-redirect.hubspot.com/cta/redirect/213639/00fb2c6f-0d59-4d01-866b-4e63b66fa76b) Topics: [Mortgage Rates & News](https://info.buyersbrokersonly.com/blog/topic/mortgage-rates-news) [![Share on Facebook](https://static.hubspot.com/final/img/common/icons/social/facebook-24x24.png)](http://www.facebook.com/share.php?u=https%3A%2F%2Finfo.buyersbrokersonly.com%2Fblog%2Fmortgage-interest-rates-increase-again%3Futm_medium%3Dsocial%26utm_source%3Dfacebook) [![Share on LinkedIn](https://static.hubspot.com/final/img/common/icons/social/linkedin-24x24.png)](http://www.linkedin.com/shareArticle?mini=true&url=https%3A%2F%2Finfo.buyersbrokersonly.com%2Fblog%2Fmortgage-interest-rates-increase-again%3Futm_medium%3Dsocial%26utm_source%3Dlinkedin) [![Share on Twitter](https://static.hubspot.com/final/img/common/icons/social/twitter-24x24.png)](https://twitter.com/intent/tweet?original_referer=https%3A%2F%2Finfo.buyersbrokersonly.com%2Fblog%2Fmortgage-interest-rates-increase-again%3Futm_medium%3Dsocial%26utm_source%3Dtwitter&url=https%3A%2F%2Finfo.buyersbrokersonly.com%2Fblog%2Fmortgage-interest-rates-increase-again%3Futm_medium%3Dsocial%26utm_source%3Dtwitter&source=tweetbutton&text=Mortgage%20Interest%20Rates%20Increase%20Again) [![Share on Email](https://static.hubspot.com/final/img/common/icons/social/email-24x24.png)](mailto:?subject=Check%20out%20https%3A%2F%2Finfo.buyersbrokersonly.com%2Fblog%2Fmortgage-interest-rates-increase-again%3Futm_medium%3Dsocial%26utm_source%3Demail%20&body=Check%20out%20https%3A%2F%2Finfo.buyersbrokersonly.com%2Fblog%2Fmortgage-interest-rates-increase-again%3Futm_medium%3Dsocial%26utm_source%3Demail) ### [Blog Home](https://info.buyersbrokersonly.com/blog) ### Subscribe to this Blog ### Learn the Steps to Buying a Home in Massachusetts ### [![The Steps to Buying a Home](https://no-cache.hubspot.com/cta/default/213639/25735662-3637-4a46-8885-47ad1de2687d.png)](http://cta-redirect.hubspot.com/cta/redirect/213639/25735662-3637-4a46-8885-47ad1de2687d) ### Search Homes For Sale [![Search the latest home listings. Sign up for property alerts. ](https://no-cache.hubspot.com/cta/default/213639/4dbb4a3b-98e1-4dc2-9535-a0b7593b45c5.png)](http://cta-redirect.hubspot.com/cta/redirect/213639/4dbb4a3b-98e1-4dc2-9535-a0b7593b45c5) ### Are You Ready to Learn Some Home-buying Tips?  [![Schedule ](https://no-cache.hubspot.com/cta/default/213639/b9db055d-da2a-4719-ba31-1d5f31299e60.png)](http://cta-redirect.hubspot.com/cta/redirect/213639/b9db055d-da2a-4719-ba31-1d5f31299e60) ### Learn About Buyer Agents ### Favorite Topics • [Community Information](https://info.buyersbrokersonly.com/blog/topic/community-information) • [Home-buying Tips](https://info.buyersbrokersonly.com/blog/topic/home-buying-tips) • [Massachusetts Relocation](https://info.buyersbrokersonly.com/blog/topic/massachusetts-relocation) • [Mortgage Tips & News](https://info.buyersbrokersonly.com/blog/topic/mortgage-rates-news) • [Real Estate Market](https://info.buyersbrokersonly.com/blog/topic/real-estate-market) ### Most Popular Posts ### **Home Buyer Resources** [Massachusetts Home Buyer Guide](https://info.buyersbrokersonly.com/guide-to-the-home-buying-process-massachusetts) [New Hampshire Home Buyer Guide](https://info.buyersbrokersonly.com/guide-to-the-home-buying-process-in-new-hampshire) [Rhode Island Home Buyer Guide](https://www.buyersbrokersonly.com/buying/how-to-buy-a-home-in-rhode-island) [Wants v. Needs Worksheet](https://info.buyersbrokersonly.com/wants-needs-worksheet) [Home Buyer House Scoring Tool](https://info.buyersbrokersonly.com/homebuyer-house-scoring-tool) [103 Home Buyer Terms Download](https://info.buyersbrokersonly.com/home-buying-terms-for-the-home-buyer) [Greater Boston Home Buyer Blog](https://info.buyersbrokersonly.com/blog) ### **Company** [Home ](https://www.buyersbrokersonly.com/) [About](https://www.buyersbrokersonly.com/about) [Terms of Service](https://www.buyersbrokersonly.com/services) [Privacy Policy](https://www.buyersbrokersonly.com/privacy-policy) [Disclaimer](https://www.buyersbrokersonly.com/disclaimer) [Press Room](https://info.buyersbrokersonly.com/press-room) [Careers](https://www.buyersbrokersonly.com/careers) [Coverage Area](https://www.buyersbrokersonly.com/coverage) [Site Map](https://www.buyersbrokersonly.com/site_map) ### **Contact Us** [Schedule a Consultation](https://info.buyersbrokersonly.com/personal-home-buyer-consultation) Call / Text (978) 835-5906 [info@buyersbrokersonly.com](mailto:info@buyersbrokersonly.com) [Contact Form](https://www.buyersbrokersonly.com/contact) [Our Agents](https://www.buyersbrokersonly.com/brokers) [Reviews](https://www.buyersbrokersonly.com/testimonials) [![Fair Housing Matters to Buyers Brokers Only, LLC](https://info.buyersbrokersonly.com/hs-fs/hubfs/equal-housing-opportunity-logo-1200w.png?width=100&height=107&name=equal-housing-opportunity-logo-1200w.png)](https://naeba.org/naeba-celebrates-fair-housing-month-promotes-homebuyer-protection/)   ### **Popular Searches**  [Acton, MA Homes](https://www.buyersbrokersonly.com/acton-ma-homes-for-sale) [Andover, MA Homes](https://www.buyersbrokersonly.com/andover-ma-homes-for-sale) [Arlington, MA Homes](https://www.buyersbrokersonly.com/arlington-ma-homes-for-sale) [Belmont, MA Homes](https://www.buyersbrokersonly.com/belmont-ma-homes-for-sale) [Burlington, MA Homes](https://www.buyersbrokersonly.com/burlington-ma-homes-for-sale) [Haverhill, MA Homes](https://www.buyersbrokersonly.com/haverhill-ma-homes-for-sale) [Lexington, MA Homes](https://www.buyersbrokersonly.com/lexington-ma-homes-for-sale) [Lynnfield, MA Homes](https://www.buyersbrokersonly.com/lynnfield-ma-homes-for-sale) [Melrose, MA Homes](https://www.buyersbrokersonly.com/melrose-ma-homes-for-sale) [Needham, MA Homes](https://www.buyersbrokersonly.com/needham-ma-homes-for-sale) [North Andover, MA Homes](https://www.buyersbrokersonly.com/north-andover-ma-homes-for-sale) [Salem, NH Homes](https://www.buyersbrokersonly.com/salem-nh-homes-for-sale) [Somerville, MA Homes](https://www.buyersbrokersonly.com/somerville-ma-homes-for-sale) [Walpole, MA Homes](https://www.buyersbrokersonly.com/walpole-ma-homes-for-sale) [Westwood, MA Homes](https://www.buyersbrokersonly.com/westwood-ma-homes-for-sale) ```json { "@context" : "https://schema.org", "@type" : "BlogPosting", "author" : { "@type" : "Person", "name" : "Rich Rosa", "url" : "https://info.buyersbrokersonly.com/blog/author/rich-rosa" }, "datePublished" : "2016-12-16T03:09:29.000Z", "headline" : "Mortgage Interest Rates Increase Again", "image" : [ "//info.buyersbrokersonly.com/hs-fs/hub/213639/file-2033285938-jpg/social-suggested-images/approved_mortgage_350x233-thumb-350x233-135234.jpg" ], "mainEntityOfPage" : { "@id" : "https://info.buyersbrokersonly.com/blog/mortgage-interest-rates-increase-again", "@type" : "WebPage" }, "publisher" : { "@type" : "Organization", "logo" : { "@type" : "ImageObject", "url" : "https://info.buyersbrokersonly.com/hubfs/2023%20BBO%20Logo%20800x170.png" }, "name" : "Buyers Brokers Only, LLC" } } ``` ```json { "@context" : "https://schema.org", "@type" : "BreadcrumbList", "about" : [ { "@type" : "Thing", "name" : "Boston Real Estate" }, { "@type" : "Thing", "name" : "Home Buying Tips" } ], "description" : "Massachusetts Home Buyer Guide provides first-time homebuyers and those experienced in purchasing real estate with tips, advice, and news.", "image" : { "@type" : "ImageObject", "url" : "https://info.buyersbrokersonly.com/image.jpg" }, "inLanguage" : "en-us", "isPartOf" : { "@type" : "WebSite", "name" : "Buyers Brokers Only", "url" : "https://info.buyersbrokersonly.com" }, "itemListElement" : [ { "@type" : "ListItem", "item" : "https://info.buyersbrokersonly.com", "name" : "Home", "position" : 1 }, { "@type" : "ListItem", "item" : "https://info.buyersbrokersonly.com/blog", "name" : "Blog", "position" : 2 } ], "keywords" : [ "Massachusetts Home Buyer Guide", "time Homebuyer Tips", "Advice MA" ], "mainEntityOfPage" : "https://info.buyersbrokersonly.com/blog", "mentions" : [ { "@type" : "Thing", "name" : "Massachusetts Housing" }, { "@type" : "Thing", "name" : "Real Estate Market" } ], "url" : "https://info.buyersbrokersonly.com/blog" } ```