Average US mortgage rates steady; 30-year at 3.93 percent

This Monday, July 10, 2017, photo shows new housing construction, in North Andover, Mass. On Thursday, Aug. 3, 2017, Freddie Mac reports on the week’s average U.S. mortgage rates. (AP Photo/Elise Amendola)

WASHINGTON — Long-term U.S. mortgage rates were little changed this week after declining for two straight weeks.

Mortgage buyer Freddie Mac says the rate on 30-year, fixed-rate mortgages inched up to 3.93 percent from 3.92 percent last week. While historically low, that's still above last year's average of 3.65 percent. The benchmark rate stood at 3.43 percent a year ago.

The rate on 15-year, fixed-rate home loans, popular with homeowners who are refinancing their mortgages, slipped to 3.18 percent from 3.20 percent last week.

You may also interested in

Global stocks up modestly as focus turns to central banks

Jul 19, 2017

Global stock markets eked out some modest gains Wednesday as investors turned their attention to upcoming central bank meetings in Japan and Europe.

The Latest: Disaster help OK'd for Harvey-hit cities

Sep 5, 2017

FEMA grants Texas Gov. Greg Abbott's request for Community Disaster Loan assistance for Texas locales hard-hit by Harvey

After Harvey, insurance drones take to the Texas skies

Sep 4, 2017

Insurance adjusters bringing drones with them to Texas to assess damage from Harvey

People also read these

Global stocks up modestly as focus turns to central banks

Jul 19, 2017

Global stock markets eked out some modest gains Wednesday as investors turned their attention to upcoming central bank meetings in Japan and Europe.

The Latest: Disaster help OK'd for Harvey-hit cities

Sep 5, 2017

FEMA grants Texas Gov. Greg Abbott's request for Community Disaster Loan assistance for Texas locales hard-hit by Harvey

After Harvey, insurance drones take to the Texas skies

Sep 4, 2017

Insurance adjusters bringing drones with them to Texas to assess damage from Harvey

Weather, 20 December
Houston Weather
+7

High: +11° Low: -2°

Humidity: 83%

Wind: NNE - 7 KPH

Canberra Weather
+27

High: +27° Low: +17°

Humidity: 87%

Wind: W - 20 KPH

Roissy-en-France Weather
+6

High: +6° Low: -5°

Humidity: 87%

Wind: ENE - 7 KPH

Florence Weather
+9

High: +9° Low: +6°

Humidity: 97%

Wind: ENE - 17 KPH

Parga Weather
+7

High: +16° Low: +4°

Humidity: 100%

Wind: SE - 25 KPH