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Mortgage rates hit new 2016 high, Freddie Mac says

Dec. 08, 2016 10:25 AM ETXHB, ITBBy: Carl Surran, SA News Editor1 Comment
  • Average fixed mortgage rates rose for the sixth straight week, hitting new YTD highs, according to the latest weekly survey from Freddie Mac.
  • The 30-year fixed averaged 4.13% in the latest week, up from 4.08% a week ago, and the 15-year fixed-rate mortgage averaged 3.36%, up from last week's 3.34%; both are at 2016 highs.
  • A year ago, the 30-year and 15-year fixed rates averaged a respective 3.95% and 3.19%.
  • ETFs: XHB, ITB

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