Average U.S. mortgage loan interest rates rose slightly for the week ending July 26, 2018, and now are more than a half-point higher than the same week last year, according to Freddie Mac's weekly Primary Mortgage Market Survey.
The 15-year, fixed-rate mortgage averaged 4.02 percent, with an average 0.4 point, up from 4 percent the previous week and 3.20 percent a year ago.
The 5-year, adjustable-rate mortgage loan averaged 3.87 percent, with an average 0.4 point, and was unchanged from the previous week and up from an average 3.18 percent the same week in 2017.
Purchase mortgage applications declined 1 percent from the previous week, for the week ending July 20, 2018, the Mortgage Bankers Association reported July 25, 2018. The purchase index was still 2 percent higher than the same week in 2017.