Massachusetts Home Buyer Guide

Average U.S. mortgage interest rates increased 4 basis points for the week ending January 11, 2018, after starting the year with a 4-basis-point dip, Freddie Mac reported. 

The 30-year, fixed rate mortgage loan averaged 3.99 percent, with an average 0.5 point, according to Freddie Mac's weekly Primary Mortgage Market Survey. The 30-year note averaged 3.95 percent the previous week and 4.12 percent during the same week last year.

The 15-year, fixed rate mortgage averaged 3.44 percent, with an average 0.5 point, up 6 basis points from 3.38 percent the week before. A year ago the 15-year, fixed rate home loan averaged 3.37 percent.

The five-year, adjustable rate mortgage loan averaged 3.46, with an average 0.4 point, up from 3.45 percent the previous week and 3.23 percent last year.