- The average rate for a 30-year fixed-rate mortgage ticks higher to 4.53% from 4.48% a week ago, according to the latest Freddie Mac survey; a year ago at this time, the 30-year fixed averaged 3.34%.
- The average rate for the 15-year fixed-rate mortgage rose to 3.55% from 3.52% in the prior week; the rate was 2.64% a year ago.
- Mortgage rates are moving higher on signs of a stronger economic recovery, Freddie Mac says.
Fixed mortgage rates start the year higher, Freddie Mac survey says
Jan 2 2014, 10:12 ET