Long-Term US Mortgage Rates Decline, Short-Term Rate Rises

November 30, 2017 |By Biz New Orleans Site Staff

WASHINGTON (AP) — Long-term mortgage rates slipped this week, though shorter-term rates rose in response to better economic news that made it more likely the Federal Reserve will hike rates in December.

	This week	Last week	Year ago
30-year fixed	3.9 percent	3.92 percent	4.08 percent
15-year fixed	3.3 percent	3.32 percent	3.34 percent
5-year adjustable	3.32 percent	3.22 percent	3.15 percent

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