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US average rate on 30-year home loans eases to 3.93 percent

Created: 08/20/2015 2:52 PM WNYT.com
By: By The Associated Press

Average U.S. long-term mortgage rates edged lower this week, with the key 30-year loan rate remaining under 4 percent.

Here's a look at rates for fixed- and adjustable-rate mortgages this week and over the past year:

Current avg.Last week52-week high52-week low
30-year fixed3.93 percent3.94 percent4.23 percent3.59 percent
15-year fixed3.15 percent3.17 percent3.37 percent2.92 percent
5-year adjustable2.94 percent2.93 percent3.08 percent2.82 percent
1-year adjustable2.62 percent2.62 percent2.62 percent2.37 percent

(Copyright 2015 by The Associated Press. All Rights Reserved.)

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