---
title: U.S. Mortgage Interest Rates Remain Around 3-year Low
description: The 30-year, fixed-rate U.S. mortgage loan average 3.56 percent for the week ending June 23, 2016 compared to 3.54 percent the previous week.
---

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# [U.S. Mortgage Interest Rates Remain Around 3-year Low](https://info.buyersbrokersonly.com/blog/u.s.-mortgage-interest-rates-remain-around-3-year-low)

 Written by [Rich Rosa](https://info.buyersbrokersonly.com/blog/author/rich-rosa) | Jun 23, 2016 9:31:10 PM

Average U.S. mortgage interest rates remained around the [three-year low](https://info.buyersbrokersonly.com/blog/u.s.-mortgage-interest-rates-hit-new-2016-low) for the week ending June 23, 2016 and nearly 0.5 percent lower than the same period last year, Freddie Mac reported June 23, 2016. 

The 30-year, fixed-rate mortgage loan average 3.56 percent, with an average 0.6 point, compared to 3.54 percent last week. A year ago the 30-year note average 4.02 percent. 

"[Mortgage rates](https://info.buyersbrokersonly.com/loan) have been slow to adjust to the 10-year Treasury yield, which has increased 12 basis points since last week," Freddie Mac chief economist Sean Becketti said. "This week's survey shows the 30-year fixed rate inching up to 3.56 percent, only 2 basis points above last week's average. The low rates continue to be good news for the housing market, as existing home sales rose 1.8 percent to a 5.53 million seasonally adjusted annual rate in the month of May – the highest level since February 2007." 

The 15-year, fixed-rate mortgage averaged 2.83 percent (average 0.5 point) for the week ending June 23, 2016 compared to 2.81 percent last week and 3.21 percent last year. The 5-year, adjustable-rate mortgage loan averaged 2.74 percent.

[View full post](https://info.buyersbrokersonly.com/blog/u.s.-mortgage-interest-rates-remain-around-3-year-low)

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